After accident letter

pavelpro

My wife hit another car on a parking and we decide to sort it out with another party (taxi driver) without involving of insurance. I insist on call out guards and they took a note and said that we ok to sort it out.
Today got a call and amount is quite reasonable, but i would like to draw a letter somehow have an evidence or proof that another party not going to claim through insurance after i hand the money. Would appreciate if someone can share template or at least suggest what wording must be in the letter.
Thank You.

Henry Ford III

Your name Date
Your address

This is to confirm that (Insert taxi drivers name) accepts €xxxx as full and final settlement of the accident on dd/mm/yyyy involving my vehicle 141Dxxxxx and his 132Kyxxxx.

Signed:
Address:
Date:

arthur daly

Henry Ford III wrote: »

Your name Date
Your address

This is to confirm that (Insert taxi drivers name) accepts €xxxx as full and final settlement of the accident on dd/mm/yyyy involving my vehicle 141Dxxxxx and his 132Kyxxxx.

Signed:
Address:
Date:

It's no harm to add on a 2 witness one from each side