Sample Letter Rejecting Settlement Offer: The document provides a simple template that enables a person to set out the key facts that are required to request that the insurers reconsider their offer.
This letter can be used to reject a car insurer’s offer when the policyholder’s vehicle has sustained damage or general insurance offer.
____________________ Sender’s Name,
____________________ Sender’s ID card number,
____________________ Sender’s Address
Date: ____________________
____________________ XXXX’s Name,
____________________ XXXX’s Designation,
____________________ XXXXX’s Address.
Dear Sir/Madam,
Thank you for your recent offer of $________ in respect of the damage to my vehicle (registration number: ____________________ caused by the incident on ____________________.
Since receiving your offer I have obtained a valuation of my car, which determines that the market value of my car at the time of the above incident was $________.
In light of this evidence, I am not prepared to accept your offer.
I look forward to hearing from you within 14 days.
Yours faithfully,
_______________________ [Writer’s Signature]
_______________________ [Writer’s Name]
____________________ Sender’s Name,
____________________ Sender’s ID card number,
____________________ Sender’s Address
Date: ____________________
____________________ XXXX’s Name,
____________________ XXXX’s Designation,
____________________ XXXXX’s Address.
Dear Sir/Madam,
Thank you for your recent offer of $________ in respect of the following item(s):
________
(hereafter the “item(s)”)
The item(s) were stolen on ________ as follows:
________
Since receiving your offer I have obtained a valuation of the item(s), which determines that their market value at the time of the above incident was $________.
In light of this evidence, I am not prepared to accept your offer. Please reconsider it, taking the above valuation into consideration.
Yours faithfully,
_______________________ [Writer’s Signature]
_______________________ [Writer’s Name]