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Seek to negotiate a settlement agreement: Even if you believe the demand made in the letter is legally valid, you may seek to negotiate a settlement or compromise agreement that is mutually acceptable to both parties. This can help you avoid further legal action and may be a more cost-effective solution.
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.
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.
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. You should also counter their reasons for providing you with the low-ball initial offer.
You can accept an Offer, reject an Offer, or make a counter-Offer. You must serve your Offer on your partner, and their lawyer if they have one. Rule 6: Service of documents tells you how to serve your documents. If you, or your partner, accept an Offer, you put the terms of the Offer into a written document.
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.
Rather, ask why the adjuster has provided this extremely low figure. You should then write a formal letter of response in which you state that you don't find the initial low settlement offer acceptable, listing the reasons why and concluding with a demand for a higher settlement offer.
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.