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If you’ve been injured in a car accident in New Mexico, you may be entitled to compensation for your losses. However, understanding how compensation is calculated can be complex, as it depends on several factors, including medical expenses, lost wages, property damage, and pain and suffering. At Silva & Associates, P.C., we can provide legal assistance to those navigating the aftermath of a car accident in New Mexico.
New Mexico follows a fault-based system for car accidents, meaning the at-fault party (or their insurance company) is responsible for paying damages. Compensation typically falls into two main categories: economic damages and non-economic damages.
These are measurable financial losses directly related to the accident, including:
These damages account for the personal impact of an accident, which can be more difficult to quantify:
New Mexico follows a pure comparative negligence system, meaning compensation is adjusted based on each party’s degree of fault. If a victim is found to be partially at fault for the accident, their compensation is reduced by their percentage of fault.
For example, if a victim is awarded $100,000 in damages but found to be 20% at fault, they would receive $80,000 instead. This rule applies even if the injured party is more than 50% responsible for the accident.
In rare cases, punitive damages may be awarded if the at-fault driver’s actions were particularly reckless or intentional, such as driving under the influence or engaging in road rage. These damages serve as a punishment rather than compensation for specific losses.
To maximize compensation, accident victims should:
At Silva & Associates, P.C., we help car accident victims in New Mexico build strong cases to secure the compensation they deserve. If you’ve been injured in a crash, contact us to discuss your legal options.
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Disclaimer: The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute an attorney-client relationship.
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