What is a demand letter?

A demand letter is a formal document sent to an individual or company requesting compensation for an injury, loss, or damage that has occurred. Demand letters are most commonly used in accident law in Colorado. If an individual has been injured in an accident that was someone else’s fault, they may be legally entitled to compensation for their losses. An accident lawyer can help their client draft a demand letter that outlines the specifics of the accident, the amount of compensation being requested, and any other pertinent information. The letter is then sent to the party who caused the injury, or their insurance provider. The demand letter serves several important roles. It allows the recipient to understand the evidence and how it pertains to the accident in question. It also allows the recipient to understand what compensation is being sought and the specific amount. The letter is also used to open negotiations and set the initial tone for the discussion. If the recipient does not respond to the demand letter in a timely manner, other legal options such as a lawsuit may be considered. However, the demand letter provides an opportunity for the parties to come to an equitable resolution without going to court.

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