Is the money recived from an insurance settlement taxable?

This is money I will be recieveing from our auto insurance under our uninsured motorist coverage. I was hit by a drunk driver who had no insurance. I was physically drug down the road about 40ft until I was able to free myself from the vehicle. However we have two uninsured policys for $100,000 that our lawyer is filing a claim with. I have a sprained knee, and a severely strained neck and back that has required shots to cope with the sever pain. I was just wanting to know if once we do actually get paid and the lawyer gets his third if we then have to pay taxes on the remainder?

Insurance proceeds are to indemnify (that is to make whole). What that means is that you are not profiting, therefore they aren’t taxable. Caution, however, any loss of income you are recovering in the settlement is taxable, and what you do with the money (put in savings?) has the interest taxable, as well as any interest on the judgments

Talk to your attorney, he has the rules for your area