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Motor Accident Private Settlement Agreement
"I need a Motor Accident Private Settlement Agreement for a two-car collision that occurred in Auckland on January 15, 2025, with a settlement amount of NZD 25,000 covering vehicle damage and associated costs, where both parties have agreed to settle without insurer involvement."
1. Parties: Identifies and defines all parties to the agreement, including the parties involved in the accident and their insurers if applicable
2. Background: Describes the circumstances of the accident, including date, location, and vehicles involved
3. Definitions: Defines key terms used throughout the agreement
4. Accident Details: Detailed description of how the accident occurred and the agreed facts between parties
5. Settlement Amount: Specifies the agreed settlement sum and what losses it covers
6. Payment Terms: Details of how and when the settlement amount will be paid
7. Release and Discharge: Mutual release of claims relating to the accident
8. Confidentiality: Terms regarding the confidentiality of the settlement and its terms
9. Entire Agreement: Confirms this document represents the complete agreement between parties
10. Governing Law: Confirms the agreement is governed by New Zealand law
11. Execution: Signature blocks and execution details
1. ACC Acknowledgment: Acknowledgment of ACC's role and confirmation that the settlement only covers losses not covered by ACC
2. Insurance Company Provisions: Additional terms required when insurance companies are involved in the settlement
3. Third Party Claims: Provisions dealing with potential claims from third parties not party to the agreement
4. Property Damage: Specific terms relating to vehicle or property damage when relevant
5. Non-Disparagement: Mutual agreement not to make negative statements about other parties
6. Dispute Resolution: Specific procedures for resolving any disputes about the settlement
7. Legal Costs: Terms regarding payment of legal costs and expenses
1. Schedule 1 - Accident Report: Copy of the official accident report or police report
2. Schedule 2 - Damage Assessment: Detailed assessment of vehicle or property damage with photographs
3. Schedule 3 - Loss Schedule: Itemized breakdown of all losses claimed and agreed
4. Schedule 4 - Payment Schedule: Payment installment details if applicable
5. Appendix A - Accident Scene Photographs: Photographs of the accident scene and vehicle damage
6. Appendix B - Medical Reports: Relevant medical reports or assessments (if applicable and not covered by ACC)
7. Appendix C - Insurance Documentation: Relevant insurance policies and correspondence
Authors
Insurance
Legal Services
Transportation
Fleet Management
Risk Management
Automotive
Corporate Services
Public Sector
Private Transport
Commercial Transport
Legal
Insurance
Risk Management
Compliance
Fleet Operations
Claims Processing
Corporate Affairs
Operations
Administrative Support
Document Management
Insurance Claims Manager
Legal Counsel
Risk Manager
Fleet Manager
Claims Adjuster
Insurance Underwriter
Compliance Officer
Legal Administrator
Settlement Officer
Corporate Lawyer
Insurance Broker
Vehicle Operations Manager
Claims Assessment Officer
Legal Risk Analyst
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