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Progressive Casualty “Projected Sold Adjustment” New York Complaint

July 28, 2021

How does an insurance company calculate the actual cash value (ACV) of a vehicle that has been totaled in an accident? The complaint for this class action alleges that Progressive Casualty Insurance Company determines the cost of “comparable vehicles” but then subtracts a “projected sold adjustment” that unfairly lowers the amount of the payout to the customer.

Case Event File: Progressive Casualty “Projected Sold Adjustment” New York Complaint

Related to: Progressive Casualty “Projected Sold Adjustment” New York Class Action