Short Answer
Insurance companies in Colorado must acknowledge a claim within 10 business days and respond to a settlement demand within a reasonable time. In most personal injury cases with clear liability and completed medical treatment, insurers typically respond within 30 to 60 days.
Example
If you submit a complete demand package seeking $100,000 and liability is clear, the insurer may respond within 30 to 45 days with an acceptance, denial, or counteroffer. If the case is complex or documentation is missing, the response may take closer to 60 days.
