This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
You Are Not Obligated to Accept a Settlement Agreement No one can force you to accept a settlement, and you should always choose your best course of action, even if it means rejecting a contract agreement.
If, after you have thought about reasonableness and the policy limit, you still think the offer you have is too low, you can reject it. 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.
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.
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.
Keep your emotions out of the letter and stick to facts, such as the extreme pain and suffering you have had to endure and the frustration and hassle of attending medical treatments. Be professional, courteous, and confident, and never attack the claims adjuster personally in your counteroffer letter.
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.
If, after you have thought about reasonableness and the policy limit, you still think the offer you have is too low, you can reject it. 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.
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.