Against a low insurance settlement offer State that the offer you received is unacceptable, refute any statements in the adjuster's letter that are inaccurate and harmful to your claim, re-state an acceptable figure, explain why your counteroffer is appropriate, including the reasons for your general claims for damages. Finally, write a counteroffer in the form of a letter. Start by summarizing the adjuster's offer and tell him that the offer has been rejected. Explain, point by point, why the supply is too low.
If you have invoices or other documents that prove your damage that you haven't yet submitted, you should attach them. Finally, clearly state the amount you will pay and ask the adjuster to respond within a specified period of time. In your counteroffer letter, clearly state your position and the amount of compensation you are seeking. Provide a detailed explanation of why you think the initial offer is inadequate and support your claim with evidence such as repair estimates, medical bills, and other relevant documentation.
Be specific in your request and provide a breakdown of the costs you're looking for. If you've been negotiating with an insurance adjuster and think you're not getting the results you think you deserve, contact a Colorado bad faith insurance litigation lawyer from The Babcock Law Firm to schedule your free consultation. A counteroffer letter for an insurance agreement is a response to an initial settlement offer from the insurance company that you believe does not adequately cover your losses or damages. For example, a health insurer that pays for your medical treatment after a car accident may or may not be entitled to a refund of your personal injury compensation.
However, getting a lawyer specializing in car accidents to participate in the insurance claim process can help you maximize the value of your claim. If you've been injured in an accident (whether it's a car accident, truck accident, or work injury) and you're owed compensation, you'll most likely need to talk to an insurance adjuster.