Plaintiffs in Colorado may recover economic compensatory damages, non-economic compensatory damages, and in some cases, punitive damages.
These three categories of damages are defined below:
Economic Compensatory Damages
Economic compensatory damages are defined as those with a definable, definitive price tag. Examples include: medical expenses, lost income, property damage, and legal expenses.
Non-Economic Compensatory Damages
Non-economic compensatory damages account for those damages that are more difficult to place a price on. For instance, pain and suffering, emotional distress, loss of enjoyment of life, and physical impairment and disfigurement.
Punitive Damages
Punitive damages are only awarded for cases in which the negligent party displayed a willful, wanton, malicious or reckless disregard for the safety of others.
Punitive damages of a significant monetary sum may be awarded to punish the negligent party for failing to take steps to protect others.
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