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 Virginia
Category:
State:
Multi-State
Control #:
US-0014LTR
Format:
Word;
Rich Text
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FAQ
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.
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.
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.
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.
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.
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.
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.
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.
If you can prove that a settlement is flawed, you can have it overturned. If a settlement agreement is signed under duress or deception, it might not be legal.
More info
Here's a quick summary of the steps you and your attorney will follow when responding to a low settlement offer. We recommend that you reject the offer in writing rather than over the phone.Send a Dispute Letter to Your Card Company. Edit, sign, and share letter to decline offer online. No need to install software, just go to DocHub, and sign up instantly and for free. The Attorney General has developed this website to provide information about mortgages and foreclosures in Georgia.
