This form is a sample letter in Word format covering the subject matter of the title of the form.
Mississippi Sample Letter to Opposing Attorney Declining Settlement Offer
Category:
State:
Multi-State
Control #:
US-0014LTR
Format:
Word;
Rich Text
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How to fill out Sample Letter To Opposing Attorney Declining Settlement Offer?
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FAQ
Remain calm and analyze the offer even if you feel like the adjuster is trying to take advantage of you. Ask questions to find out how the adjuster came to the conclusion that they did. Develop and plan your response (which is often called a counteroffer). Respond to the offer in writing.
In response to your letter dated [Date of Insurer's Letter], I am unable to accept your offer of $[Offer Amount] to settle my demand for compensation in Claim Number [Claim Number from Above]. The figure you offered is insufficient in light of the facts of the case.
Respond in Writing why the Settlement Offer Is Too Low. Medical bills and pay stubs are two ways to show damages from your injury. However, you and your lawyer should also describe, in writing, your non-economic damages because of the injury.
If you choose to reject the low settlement offer, you must communicate your decision to the claims adjuster. Your legal representative can help you write a letter that states your intentions. Within the letter, you can indicate that you reject the offer and highlight why you deserve a higher settlement amount.
Did you know that you don't have to accept a settlement offer from an insurer? If you disagree with the offer, you can decline it. However, rejecting a settlement offer isn't as simple as saying, ?Sorry, I won't accept it.? Instead, before rejecting a settlement offer, it's important to think through this decision.
Always reject a settlement offer in writing. Type a letter to your contact at the insurance company listing the reasons you think that their offer is too low. Back up these reasons with concrete evidence attached to the letter. Finally, provide a counteroffer of a sum you think is more reasonable.
This letter should state: That you will not accept the initial settlement offer; The reasons why you feel you deserve a higher settlement amount; Each of their low-offer reasons, and your responses; The higher settlement amount that you will accept.
