Sample Letters
- Confirming Agent/Broker of Record
- Providing a quote with an expiration date
- Coverage not bound while searching for a quote
- Unable to place coverage
- Rejection of coverages offered
- Coverage not bound pending receipt of additional information
Sample Letters-Marketing and Selling
Sample Letter #1 – Confirming Agent/Broker of Record
CLIENT NAME
ADDRESS
SUBJECT: Automobile Policy
Dear CLIENT NAME:
We are privileged you have selected AGENCY NAME to handle your insurance needs effective DATE. As we discussed in our meeting, you wish to remain with ABC Insurance Company until your policy renews on DATE You have signed an Agent of Record letter that allows us to service your policy until that time.
Since your policy was originally written through another insurance agency, it will be necessary for us to review the contract to determine if the coverage provided is adequate. We will do this within the next 10 days and advise you of our recommendations. Until we have performed this review, we cannot be responsible for errors or omissions that were committed by your prior agent.
Once again, thank you for placing your trust in AGENCY NAME. We will do our best to provide you with the protection you expect and level of service you deserve.
Sincerely,
Sample Letter #2 – Providing a quote with an expiration date
DATE
CLIENT NAME
ADDRESS
SUBJECT: Automobile Policy
Dear CLIENT NAME
We are pleased to provide you with a premium quotation for your automobile insurance policy to be effective DATE.
If you wish to purchase this policy, please complete the enclosed application and return it to our office with your check in the amount of $$$. It will also be necessary for you to furnish us with the following information:
- A copy of your current policy to verify prior insurance
- A copy of your drivers license
- A photograph of your vehicle that includes the license plate
If we do not receive these items by DATE, we will be unable to provide you with a policy and this quotation will expire. No coverage is in effect at this time.
Feel free to contact our office if we can answer any questions for you.
Sincerely,
NAME
Sample Letter #3 – Coverage not bound while searching for a quote
DATE
CLIENT NAME
ADDRESS
SUBJECT: Automobile Policy
Dear CLIENT NAME:
During our recent meeting, you expressed an interest in insuring your hand-built automobile for damage caused by a collision or upset.
We will begin contacting insurance companies for a quote as soon as possible, and will let you know as soon as we have a quote or if we are unable to obtain a quote.
No coverage is in effect at this time.
Sincerely,
NAME
Sample Letter #4– Unable to place coverage
DATE
CLIENT NAME
ADDRESS
SUBJECT: Automobile Policy
Dear CLIENT NAME:
During our recent meeting, you expressed an interest in insuring your hand-built automobile for damage caused by a collision or upset.
We have contacted several insurance companies to see if they would be willing to write the insurance and have not been successful. We are therefore unable to place coverage at this time. You may wish to contact other insurers to determine if they are able to provide this coverage for you.
If we become aware of a market for this coverage in the future, we will inform you. We regret we were unable to help you with this matter.
Sincerely,
NAME
Sample Letter #5 – Rejection of coverages offered
DATE
CLIENT NAME
ADDRESS
SUBJECT: Insurance Program
Dear NAME:
We are privileged you have selected AGENCY NAME to handle your insurance needs effective DATE. We have ordered the policies from the insurance company and will deliver them as soon as they are received in our office.
To confirm our conversation, you have been provided with a premium indication for the following coverages, but have decided NOT to purchase them at this time:
- Flood Insurance
- Directors and Officers Liability Insurance
- Employment Practices Liability Insurance
- Commercial Crime Insurance
Please sign the acknowledgment (below) and return it to our office no later than DATE.
Once again, thank you for placing your trust in XYZ Insurance. We will do our best to provide you with the protection you expect and level of service you deserve.
Sincerely,
NAME
Acknowledgment of Rejected Coverage
I understand and acknowledge that the following insurance policies have been offered to me and that I have decided not to purchase the coverage at this time:
- Directors and Officers Liability Insurance
- Employment Practices Liability Insurance
- Commercial Crime Insurance
The potential financial impact of not having these important coverages has been explained to me and I realize that my rejection of these options may result in the denial of claims in the future.
Signed__________________________________________________________
Date____________________________________________________________
Sample Letter #6 – Coverage not bound pending receipt of additional information
DATE
CLIENT NAME
ADDRESS
SUBJECT: Automobile Policy
Dear Mr. Prospect:
Thank you for requesting an automobile insurance price quote from our agency. A copy of the price indication is enclosed for your review. Before coverage can be placed, we will need you to provide us with:
- A copy of your driver’s license;
- Proof of prior insurance;
- A completed, signed, and dated application (enclosed); and
- A check in the amount of $XX.
Please note that INSURANCE IS NOT CURRENTLY IN EFFECT and coverage cannot be placed until we have received these items and notified you of acceptance by the insurance company.
If you have any questions, please don’t hesitate to call our office.
Sincerely,
NAME