COVID-19 Update: Hire Us from the Comfort of Your Own Home Details here

Colorado Accident & Injury Law Part IX: Appropriate Prejudgment Interest on a Judgment in an Insured Motorist Case

September 30, 2009 by The Sawaya Law Firm
  • The Supreme Court in the case of USAA v. Parker, O7SC524 upheld the Court of Appeals ruling in USAA v. Parker, P.3d, No. 05CA2361, 05CA2569, slip op. (Colo. App. May 3, 2007), that the “personal injury statute” controls the calculation of prejudgment interest in such cases and thus Petitioner USAA, Respondent Richard Parker’s uninsured/underinsured motorist (UM/UIM) insurer, was liable to Parker for prejudgment interest on his UIM claim at rate of nine percent per annum from the date of Parker’s accident as mandated by that statute.
  • The appellate Court reject the argument that the interest should be calculated pursuant to C.R. S. 5-12-102 at 8 percent instead of 9 percent.

Denver Law Office

1600 Ogden Street
Denver, CO 80218
United States (US)
Phone: 303-466-3529

Get Directions

Denver (Emerson) Law Office

1644 Emerson St.
Denver, CO 80232
United States (US)
Phone: 720-410-9528

Get Directions

Denver (Sheridan) Law Office

1238 S. Sheridan
Denver, CO 80232
United States (US)
Phone: 303-377-2665

Get Directions

Greeley Law Office

926 8th Avenue
Greeley, CO 80631
United States (US)
Phone: 970-372-0834

Get Directions

Colorado Springs Law Office

1304 North Academy Boulevard
Suite 106,
Colorado Springs, CO 80909
United States (US)
Phone: 719-888-4887

Get Directions