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State Farm Fire and Cas. Co. Settlement

Published · Updated · SettlementList

State Farm Fire and Cas. Co. settled allegations in a case the official settlement website describes as follows: “This lawsuit is about whether State Farm breached its Alabama insurance policies by applying depreciation to the estimated costs of labor and other non-material costs in calculating ACV payments.” State Farm Fire and Cas. Co. denies any wrongdoing and the court made no finding of liability.

This lawsuit is about whether State Farm breached its Alabama insurance policies by applying depreciation to the estimated costs of labor and other non-material costs in calculating ACV payments. The deadline to file a claim was October 24, 2022.

Who can claim, how much, and by when

When is the claim deadline?

Who is eligible?

This settlement covers a Class of State Farm insureds who, according to Plaintiff’s allegations, were underpaid because State Farm calculated ACV payments by applying depreciation to estimated labor and other non-material costs.

Who is administering the settlement?

JND Legal Administration

Can you still claim?

See the official settlement site

This information is not a substitute for legal advice.

Verified on . Based on Official Settlement Website — State Farm Fire and Cas. Co. (JND Legal Administration, 2022). See the method.

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