Settlements are for out of court agreements that focus on resolving any issue in a swift manner without the need of interference from court. But if the settlement offer that has been made is unacceptable then it can always be rejected by using a settlement offer rejection letter. The claim settlement offer rejection letter sample can be used in such a scenario.
In this post, we have come up with a format for rejecting settlement offer letter. You can use this Insurance settlement offer rejection letter sample for creating a customized letter.
Here are some important tips that must be kept in mind while creating one such letter:
From:
Richard Smith
54, New Town
New York
Date: May 24, 2022
To,
Mr. Robin Brown
89, Howard Apartments
New York
Dear Mr. Robin,
I am writing this letter to inform you that the settlement offer that you had made to me over the phone call today on behalf of Mr. Ray of $3500 stands rejected from my end because this is too low an offer and I cannot accept it.
Based on your argument, the accident took place because of my fault but as per my statement as well as according to the video clip, I was standing on the signal waiting for it to go green and the other car just hit my vehicle from the back side and because of that the collision with the vehicle in the front happened. As a matter of fact, the onus of damaging both the vehicles falls on the car that had hit me.
Therefore, I am entitled for double the compensation as my vehicle got damaged from front and back and moreover, I also got involved in a collision with another vehicle without doing anything.
Just because I want this matter to get settled, I can make you a non-negotiable offer of $5500. Though the expense of the car repair can go beyond this value, I am still making this minimum offer to you so that the case comes to a closure.
Please respond to this letter within 15 days after receiving this letter with the response of Mr. Robert Ray.
Regards,
Richard Smith
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