March 25, 2022
If a vehicle is totaled in an accident, how is the actual cash value (ACV) calculated to determine the insurance payout? The complaint for this class action alleges that Westfield National Insurance Company “systematically thumbs the scale” by requiring that a “Projected Sold Adjustment” be deducted from the prices of comparable vehicles used for valuation. The complaint claims these reductions in ACV are not justified and not based in fact.
Case Event File: Westfield National ACVs Reduced by Projected Sold Adjustment Illinois ComplaintRelated to: Westfield National ACVs Reduced by Projected Sold Adjustment Illinois Class Action