Prejudgment Interest & Interest on Judgments Generally Knowledge & Information Services The Information Resource Center was asked to provide the amounts of prejudgment interest state- by-state. The following table is compiled from the Martindale-Hubbell Law Digest, 2000. Data for each state is self-reported and does not always mention prejudgment interest. Where states specifically report prejudgment interest, this information is noted. Where states report interest on judgments generally, this is noted in the table. Some apply the same rates to both. This table is not provided for the purposes of legal advice, but for purposes of comparison. Please refer to cited legal authority for more information. AL: : AK : : AZ : : AR : : CA : : CO : : CT : : DC : : DE : : FL : : GA : : HI : : ID : : IL : : IN : : IA : : KS : : KY : : LA : : ME : : MD : : MA : : MI : : MN : : MS : : MO : : MT : : NB : : NV : : NH : : NJ : : NM : : NY : : NC : : ND : : OH : : OK : : OR : : PA : : PR : : RI : : SC : : SD : : TN : : TX : : UT : : VT : : VA : : VI : : WA : : WV : : WI : : WY Alabama Prejudgment interest accrues at legal rate 6% unless statute or contract otherwise provides (440 So.2d 321). Alaska Interest on judgments, including prejudgment interest, is 3 percentage points above 12th Fed. Reserve discount rate in effect on Jan. 2 of yr. in which judgment entered unless based on written contract providing for specified rate, in which case interest at contract rate if such rate is set forth in judgment (09.30.070). Prejudgment interest accrues from day process served or day defendant receives written notification injury occurred & that claim may be brought against defendant, whichever earlier. Prejudgment interest may not be awarded for future economic, non-economic, or punitive damages (09.30.070). Arizona Judgments generally-10% unless different rate contracted for in writing in which case any rate may be agreed upon. Interest on judgment in condemnation p