Oklahoma 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 Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position/Department] [Insurance Company Name] [Insurance Company Address] [City, State, ZIP Code] Subject: Settlement Proposal concerning Automobile Accident [Policy Number] Dear [Recipient's Name], I hope this letter finds you well. As per our recent communication regarding the automobile accident that occurred on [accident date], I would like to make a settlement proposal to expedite the resolution of this claim. Firstly, let me provide you with some relevant details about the incident. On [accident date], at approximately [accident time], I was driving my [car make, model, and registration number] along [road name/intersection name] in [city, state]. At that moment, your insured driver, whose name I believe is [insured driver's name], collided with my vehicle from behind while driving their [car make, model, and registration number]. The accident was clearly caused due to their negligence, as they failed to maintain a safe distance and abruptly applied brakes. Since the accident, I have faced numerous inconveniences, including physical injuries, psychological distress, property damage, medical expenses, and loss of income due to missed workdays. As a result, I am inclined to settle this matter promptly with a fair and reasonable compensation proposal. To resolve this claim amicably and avoid any further legal proceedings, I propose the following settlement amounts: 1. Property Damage: $[amount] — This includes the repair costs for my vehicle, including labor and necessary parts replacement, determined by obtaining estimates from reputable auto repair shops. 2. Medical Expenses: $[amount] — This includes all medical bills incurred for diagnosing and treating my injuries directly caused by the accident. I have attached copies of the relevant medical bills and receipts for your reference. 3. Pain and Suffering: $[amount] — I request compensation for the physical pain, mental distress, and inconvenience I have endured as a direct result of the accident. 4. Lost Wages: $[amount] — As a consequence of the injuries sustained, I was unable to work for [number of days/weeks], resulting in a loss of wages. I kindly request appropriate compensation for the income I could not earn during this period. Please note that the amounts listed above are negotiable and subject to further discussion. However, I believe they are fair and reflective of the damages and losses I have suffered due to your insured driver's negligence. To facilitate a prompt settlement, I request a written response within [number of days] from the receipt of this letter. Your response should indicate your acceptance of this settlement proposal or, if necessary, provide a counteroffer for consideration. In the event we fail to reach an agreed-upon settlement within a reasonable timeframe, I shall have no choice but to consider pursuing further steps, including filing a lawsuit to protect my rights. I hope it doesn't come to that, as I believe a fair resolution can be achieved through honest dialogue and negotiation. Please do not hesitate to contact me at [phone number] or via email at [email address] should you require any additional information or if you wish to discuss this matter further. I anticipate your prompt response and look forward to reaching a mutually acceptable settlement. Thank you for your attention to this matter. Sincerely, [Your Name]