fbpx

Progressive Casualty “Projected Sold Adjustment” to ACVs Connecticut Complaint

April 15, 2022

In determining payouts for totaled vehicles, insurance companies must calculate the vehicles’ actual cash value (ACV). But is it legitimate for an insurance company to subtract a “projected sold adjustment” from the values shown for comparable vehicles in the area? The complaint for this class action claims that Progressive Casualty Insurance Company applies a “deceptive and unexplained” projected sold adjustment to lower its payouts to insureds in Connecticut.

Case Event File: Progressive Casualty “Projected Sold Adjustment” to ACVs Connecticut Complaint

Related to: Progressive Casualty “Projected Sold Adjustment” to ACVs Connecticut Class Action