July 22, 2022
When an insurance company deems repair of a damaged vehicle to be impossible or not cost-effective, it may declare the vehicle to be a total loss and choose to pay the insured the vehicle’s actual cash value (ACV). However, the complaint for this class action claims that Twin City Fire Insurance Company unfairly reduces these payouts by applying “Projected Sold Adjustments” to the prices of comparable vehicles.
Case Event File: Twin City Fire Insurance Projected Sold Adjustments Missouri ComplaintRelated to: Twin City Fire Insurance Projected Sold Adjustments Missouri Class Action
