This form is a sample letter in Word format covering the subject matter of the title of the form.
Sample Letter Rejecting Settlement Offer For A House In Bexar
Category:
State:
Multi-State
County:
Bexar
Control #:
US-0014LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Countering a Low Insurance Settlement Offer State that the offer you received is unacceptable. Refute any statements in the adjustor's letter that are inaccurate and damaging to your claim. Re-state an acceptable figure. Explain why your counteroffer is appropriate, including the reasons behind your general damage demands.
Possible Legal Action: If negotiations don't yield a satisfactory offer, a lawsuit may become necessary, requiring additional time and resources. Risk of Lower Final Settlement: In some cases, litigation may lead to a settlement lower than the initial offer, depending on the court's decision.
Possible Legal Action: If negotiations don't yield a satisfactory offer, a lawsuit may become necessary, requiring additional time and resources. Risk of Lower Final Settlement: In some cases, litigation may lead to a settlement lower than the initial offer, depending on the court's decision.
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.
A significant misconception needs addressing: you can't overturn a settlement agreement simply because you've changed your mind or found a better deal. The grounds for challenging these agreements are specific and limited: Fraud or misrepresentation. Actual duress or coercion.
It should be clear that you are not accepting the insurer's initial settlement offer. You will want to address the insurance company's position on why it made its offer. Address each of the insurer's points individually to explain why you disagree with its findings. Be as neutral and matter-of-fact as possible.
I am writing in response to the settlement offer you presented on Settlement Offer Date, related to claim number Claim Number for the incident that occurred on Incident Date. After careful consideration, I must reject this offer as it does not meet my needs based on the severity and ongoing nature of my injuries.
Be sure you send your letter to the appropriate person, whether that be an insurance adjuster or an attorney. Make it clear that you are rejecting their initial offer and include your reasons for doing so. If they provided written reasons for their low initial figure, you should also respond to those in writing.
I would like to propose a counter offer of Your Counter Offer Salary, which falls within the average salary range for this position in State. I want to emphasize my strong interest in the job and my genuine excitement about the opportunity to work with the talented team at Company, and I'm open to negotiating.
