Notification to Insurance Company of Filing Complaint with State Department Over Diminished Value Dispute

A policyholder disputes their insurance company's diminished value calculation after an accident. They provide an independent appraisal indicating a higher value and inform the insurer that a formal complaint will be filed with the [State] Department of Insurance. The letter seeks an amicable resolution and includes attachments for reference.

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Insurance Agent’s Name]
[Insurance Company Name]
[Agent’s Address]
[City, State, ZIP Code]

Dear [Insurance Agent’s Name],

Subject: Filing a Complaint to [State] Department of Insurance - Dispute Regarding Diminished Value Calculation

I hope this letter finds you well. I am writing to inform you that I am filing a formal complaint with the [State] Department of Insurance regarding the diminished value calculation for my vehicle following the recent accident.

Despite our discussions, I believe that the diminished value assessment provided by [Insurance Company Name] is significantly lower than the actual diminished value. To support my claim, I obtained an independent appraisal from [Third-Party Appraisal Company], which indicates a higher diminished value. I have attached a copy of the appraisal report for your reference.

Attached is a copy of the letter I am submitting to the [State] Department of Insurance. I wanted to share this with you and ask if you would like to add any additional information to the complaint before I proceed.

I hope that we can resolve this matter amicably and ensure that the diminished value of my vehicle is accurately and fairly assessed.

Thank you for your attention to this matter. I look forward to your prompt response.

Sincerely,

[Your Name]
[Attachments: Letter to [State] Department of Insurance, Third-Party Appraisal Report]

This letter informs the insurance company that the policyholder is filing a formal complaint with the [State] Department of Insurance regarding a disagreement over the diminished value calculation of their vehicle. The policyholder believes the insurer's assessment is too low and provides an independent appraisal supporting a higher value. The letter seeks a resolution and invites the insurance company to add any additional information to the complaint.