This form is a sample letter in Word format covering the subject matter of the title of the form.
Alabama Sample Letter to Opposing Attorney Declining Settlement Offer
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Multi-State
Control #:
US-0014LTR
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Word;
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How to fill out Sample Letter To Opposing Attorney Declining Settlement Offer?
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FAQ
To reject the initial offer, you will create a counteroffer and send it via mail to the insurance company claims adjuster.
It is a good idea to avoid accepting a settlement offer until you fully recover from your injuries or have a firm medical prognosis about them from your doctor.
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.
You have the right to carefully evaluate the offer and ? if it falls short of what you believe is fair and adequate ? reject it. Rejecting an initial offer does not mean the end of settlement negotiations. Instead, it's a common step in a longer process.
In the majority of cases, when a party tries to withdraw from an agreed-upon settlement, the court will have to make a final decision as to whether the agreement is enforceable or not.
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.
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.
Rejecting the insurance company's first settlement offer will likely lead to negotiations. While negotiating may be a lot of work, it can pay off in the end. You can continue negotiating until a deal is reached or the insurance company refuses to continue negotiating.
