🚗 Understanding Auto Accident Laws in New Mexico New Mexico operates under a fault-based system, meaning the person responsible for the accident is liable for damages. Under state law, victims can seek compensation through: ✔️ Filing a claim with their own insurance ✔️ Filing a third-party claim against the at-fault driver’s insurer ✔️ Initiating a personal injury lawsuit against the responsible party ⏳ Statute of Limitations In New Mexico, you generally have three years from the accident date to file a personal injury lawsuit and four years for property damage claims. Failing to meet this deadline can result in losing your right to compensation. ⚖️ Comparative Negligence Rule New Mexico follows a pure comparative negligence system. If you are partially at fault, your compensation is reduced by your percentage of fault. For example, if you are awarded $100,000 but found 20% at fault, you would receive $80,000. 🛠️ Steps to Take Immediately After an Auto Accident in New Mexi...
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