Ugh, this whole insurance claim thing is giving me a headache!
I just got this offer from the insurance company for the damage to my roof, but it feels a bit on the low side. If I do not accept it right away, what happens?
Does rejecting the offer mean I’m stuck with this amount, or can I negotiate or something?
dont worry dont frett,declining a settlement carries inherent risks. While negotiating or litigating might lead to a higher payout, there’s also the possibility of receiving no compensation. It’s crucial to carefully consider the potential gains and drawbacks before deciding.
No, actually you can negotiate with the provider. Generally, After rejecting the offer, both parties can engage in further discussions and negotiations. The insurance company may make a revised offer in response, or you and your attorney can propose a better amount that reflects the full extent of your damages