April 7, 2022
How is an auto insurance company permitted to calculate the actual cash value (ACV) of an insured vehicle that is declared a total loss? The complaint alleges that American Standard Insurance Company of Ohio underpays its insureds in the event of a total loss by improperly subtracting what it calls a “typical negotiation adjustment.”
Case Event File: American Standard Insurance of Ohio “Typical Negotiation Adjustment” Georgia ComplaintRelated to: American Standard Insurance of Ohio “Typical Negotiation Adjustment” Georgia Class Action