Dear Sir or Madam,
I hope you are well. I am writing to you as I have received a letter from you that my vehicle insurance premium is going to increase by 30% from next term cycle.
I understand that by this time there should be increase in price; however this much amount of hike does not justify to me. Hence, I would request you to explain me regarding this exponential increase in my insurance.
In addition, as you and your organization are aware that I am taking this insurance from your company for past five years and since then I have not gleaned any speeding tickets, my driving record has always been remained remarkable.
Might I suggest you that if you increase my premium for 15% instead of 30% that would be more reliable on my budget. Unfortunately, if this can not happen, I would be left no option but to shop around for other companies.
Please do let me know. Your earliest response will be really appreciated.
Looking forward to hearing from you.
Yours faithfully,
David Jackson
