Treat the following as a set of general guidelines: Gather complete information before you start writing. Describe your injuries and medical treatment. List your medical expenses, lost wages, and non-economic damages. Make a settlement demand. Include a deadline for legal action if you want to, but don't bluff.
Your settlement letter should begin with a heading that clearly identifies it as a settlement proposal. Be sure to include your contact information, such as your name, address and phone number so that the recipient can get in touch with you if necessary.
In order to be binding, a proposal for settlement must be in writing and signed by both parties. The terms of the agreement must be clearly stated, and both parties must agree to them. If either party breaches the agreement, the other party can file a lawsuit to enforce the agreement.
Example of a Claim Settlement Letter We are writing to inform you that we have completed our evaluation of your claim filed under policy number Policy Number regarding Brief Description of the Claim. We are pleased to offer a settlement amount of Settlement Amount.
7 Tips for Writing a Demand Letter to the Insurance Company Detail Your Version of Events. Gather & Organize Your Expenses. Calculate Anticipated Expenses. Detail the Negative Impact the Accident Has Had on Your Life. Discuss Your Road to Recovery. Include a Fair and Reasonable Demand Amount.
Frequently Asked Questions (FAQ) Type your letter. Concisely review the main facts. Be polite. Write with your goal in mind. Ask for exactly what you want. Set a deadline. End the letter by stating you will promptly pursue legal remedies if the other party does not meet your demand. Make and keep copies.
However, sending a letter of demand can have its disadvantages. Depending on the situation, the other party may feel threatened and respond negatively, or they may not respond at all. They might engage a lawyer, or they might even start legal action against you.
By focusing on the legal arguments and outlining the necessary steps for compliance, a demand letter becomes a powerful tool in moving the collection process forward. It shows the debtor that the creditor is serious about enforcing the judgment and ready to take further action if the demand is not met.
You can't be forced to settle. A settlement would typically require either your signature on certain paperwork, or a record made in court where the judge gets your consent. If your relationship with your attorney is as you indicate, you should probably be looking for other counsel anyway.
Treat the following as a set of general guidelines: Gather complete information before you start writing. Describe your injuries and medical treatment. List your medical expenses, lost wages, and non-economic damages. Make a settlement demand. Include a deadline for legal action if you want to, but don't bluff.