North Dakota Sample Letter for Settlement Proposal concerning an Automobile

• Category: Letters - Legal - Settlements
• State: Multi-State
• Control #: US-0741LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Settlement Proposal concerning Automobile Accident Dear [Recipient's Name], I hope this letter finds you well. My name is [Your Name], and I am writing to discuss the automobile accident that occurred on [Accident Date] involving my vehicle with license plate [License plate number] and your vehicle with license plate [License plate number]. I am a resident of North Dakota and wish to propose a fair settlement for the damages caused by the incident. To provide you with a brief overview of the accident, it took place on [Accident Date] at [Accident Location]. I would like to express my concern and regret regarding the unfortunate incident. Since the accident, I have undergone a thorough assessment of the damages sustained to my vehicle and the associated financial burden it has caused. Based on the provided cost estimates from reputable auto repair shops in North Dakota, the total amount required to fully restore my vehicle to its pre-accident condition is estimated to be $[Total Repair Cost]. The breakdown of repair costs includes the replacement of damaged parts, labor charges, paintwork, and any other necessary repairs indicated by the experts. According to the investigations carried out by the respective insurance agencies, liability for the accident has been assigned to you. This conclusion is based on evidence such as police reports, eyewitness testimonies, and expert analysis of the accident scene. It is important to note that in North Dakota, liability follows the principles of comparative negligence, and it has been determined that you bear [Percentage] of the fault, while I bear [Percentage] of the fault. Considering the circumstances, I propose a settlement agreement wherein you accept liability for the accident and agree to compensate me for my vehicle's repair costs in the amount of $[Settlement Amount]. I believe this is a fair and reasonable request, reflective of the actual damages incurred as a result of the incident. Accepting this settlement will help us avoid any unnecessary legal complications and allow us to swiftly resolve this matter. In the spirit of amicable resolution, I request your prompt response to this proposal within [Timeframe]. Kindly indicate your acceptance of this settlement proposal by signing and returning a copy of this letter to me. Once received, I will prepare a legally binding settlement agreement that encompasses the terms we have discussed. Should you have any questions or concerns related to this settlement proposal or require further information, please feel free to reach me directly at [Your Phone Number] or [Your Email Address]. I hope we can resolve this matter efficiently and civilly and avoid any escalation of legal proceedings. Thank you for your prompt attention to this matter. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Settlement Proposal concerning Automobile Accident Dear [Recipient's Name], I hope this letter finds you well. My name is [Your Name], and I am writing to discuss the automobile accident that occurred on [Accident Date] involving my vehicle with license plate [License plate number] and your vehicle with license plate [License plate number]. I am a resident of North Dakota and wish to propose a fair settlement for the damages caused by the incident. To provide you with a brief overview of the accident, it took place on [Accident Date] at [Accident Location]. I would like to express my concern and regret regarding the unfortunate incident. Since the accident, I have undergone a thorough assessment of the damages sustained to my vehicle and the associated financial burden it has caused. Based on the provided cost estimates from reputable auto repair shops in North Dakota, the total amount required to fully restore my vehicle to its pre-accident condition is estimated to be $[Total Repair Cost]. The breakdown of repair costs includes the replacement of damaged parts, labor charges, paintwork, and any other necessary repairs indicated by the experts. According to the investigations carried out by the respective insurance agencies, liability for the accident has been assigned to you. This conclusion is based on evidence such as police reports, eyewitness testimonies, and expert analysis of the accident scene. It is important to note that in North Dakota, liability follows the principles of comparative negligence, and it has been determined that you bear [Percentage] of the fault, while I bear [Percentage] of the fault. Considering the circumstances, I propose a settlement agreement wherein you accept liability for the accident and agree to compensate me for my vehicle's repair costs in the amount of $[Settlement Amount]. I believe this is a fair and reasonable request, reflective of the actual damages incurred as a result of the incident. Accepting this settlement will help us avoid any unnecessary legal complications and allow us to swiftly resolve this matter. In the spirit of amicable resolution, I request your prompt response to this proposal within [Timeframe]. Kindly indicate your acceptance of this settlement proposal by signing and returning a copy of this letter to me. Once received, I will prepare a legally binding settlement agreement that encompasses the terms we have discussed. Should you have any questions or concerns related to this settlement proposal or require further information, please feel free to reach me directly at [Your Phone Number] or [Your Email Address]. I hope we can resolve this matter efficiently and civilly and avoid any escalation of legal proceedings. Thank you for your prompt attention to this matter. Sincerely, [Your Name]