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Auto Insurance Claims/settling car accident letter
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Question
I just got into a car accident. someone reared me from behind. it is not a major damage, but the person who hit me wants to settle it outside of insurance. I intend to provide her with a collision estimate. What I am having trouble with is drafting a letter that both parties can sign once we reach a mutual agreement. would you be able to tell me what else I need to do?
Well,
You can simply draft a letter saying that for exchange and full consideration of X amount you give them a release of any and all property damage claims against them.
Only do this when the car is fixed and you are happy with the repairs. You do not want to give a release and then your car is having problems (needs paint, or the paint does not match).
To learn more about claims and how to document them, visit:
http://www.auto-insurance-claim-advice.com
Good Luck,
Anne
http://www.SpokaneLegalHelp.com
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Answers by Expert:
Anne
Expertise
Auto insurance claims regarding vehicle accidents, insurance coverages, auto policies, bodily injury claims, pain and suffering, injury settlements and negotiations.
Experience
I am an adjuster for injury claims and property damage claims for over 5 years (still working there). I have worked for personal injury attorneys helping consumers get a fair treatment and I am passionate to help others with their vehicle accidents.
Education/Credentials
B.A. Economics/ Political Science
Awards and Honors
I was the top settling claims adjuster at the Insurance Company that I worked for.
I am the co writer of http://www.auto-insurance-claim-advice.com a website dedicated to help consumers document their auto claims and navigate the complex claim process.
Past/Present Clients
I work with injury lawyers working on high dollar settlements and jury awards for pain and suffering see: Spokane Law Office.
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