Houston Texas Sample Letter for Settlement Proposal concerning an Automobile

• Category: Letters - Legal - Settlements
• State: Multi-State
• City: Houston
• 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.

Subject: Settlement Proposal for Automobile Accident in Houston, Texas [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Dear [Recipient's Name], I hope this letter finds you well. I am writing to discuss a settlement proposal for the automobile accident which occurred on [Accident Date] in Houston, Texas. I would like to begin by expressing my deepest regret for the unfortunate incident that has brought us here today. Furthermore, I understand the consequences and inconvenience this accident may have caused you, and I assure you that I am committed to reaching a fair settlement in a timely manner. After careful consideration of the facts surrounding the accident and discussions with my insurance company, I propose the following settlement terms: 1. Compensation for Damages: — Vehicle Repair Costs: I am willing to cover the full cost of repairs to your vehicle resulting from the accident. Please provide me with a detailed estimate or invoice from a reputable repair shop for review purposes. — Medical Expenses: If you incurred any medical expenses as a result of the accident, I propose to reimburse you for all reasonable and necessary medical bills associated with the treatment received. Please provide copies of medical bills, invoices, and any supporting documentation. 2. Rental Car Expenses: — Should you require a rental car during the time your vehicle is being repaired, I propose reimbursing you for the reasonable rental expenses incurred. Please provide copies of the rental agreement and receipts for review. 3. Loss of Income: — If the accident caused you to miss work resulting in a loss of income, I propose compensating you for the wages lost. Please provide a letter from your employer or relevant documentation that indicates the amount and duration of the lost income. 4. Pain and Suffering: — In recognition of any physical and emotional distress you may have endured due to the accident, I propose a fair and appropriate compensation amount. While it is challenging to quantify pain and suffering monetarily, I am open to a discussion on this matter to ensure a satisfactory resolution for both parties. Please note that accepting this settlement proposal would require you to sign a release form discharging me from any future claims related to this accident. This is a standard procedure in settling such matters. I kindly request you to review these settlement terms and respond within [reasonable time frame, usually 14 days], either accepting the terms or making a counteroffer. I believe that this proposal reflects a fair and reasonable resolution to our unfortunate situation. Thank you for your attention to this matter. I anticipate a prompt response so that we can bring closure to this incident and move forward. Should you have any questions or require any further information, please do not hesitate to reach out to me. Yours sincerely, [Your Name]