Erie Insurance Nonmaterial Depreciation Ohio Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

Erie Insurance Company and Erie Insurance Exchange are settling a class action alleging that they improperly subtracted depreciation from costs of labor and other nonmaterial items on some homeowners’ insurance claims in Ohio.

Docket Number:


Company: Erie Insurance Company

Filing Deadline: October 3, 2022

Class Period: March 20, 2019 to November 14, 2020

Objection Deadline: July 20, 2022

Exclusion Deadline: July 20, 2022

Final Approval Hearing: August 19, 2022

Proof of Purchase:

If you are a contractor who has been assigned insurance benefits, you must attach written evidence of the assignment.


You may be eligible if
- You are a policy holder under any homeowner residential property insurance policy issued by Erie Insurance Company and Erie Insurance Exchange, except for those excluded, who made a structural damage claim for property located in Ohio, between March 20, 2019 and November 14, 2020, that was a covered loss, and
- That resulted in an actual cash value payment during the class period from which nonmaterial depreciation was withheld, or that would have resulted in an actual cash value payment except for the withholding of nonmaterial depreciation causing the the loss to drop below the deductible.
Not included are
- Policyholders whose claims arose under policy forms, endorsements, or riders that expressly allow deduction of nonmaterial depreciation within their text with the express use of the words “depreciation” and “labor,”
- Policyholders who received one or more actual cash value payments that exhausted the limits of the insurance, and
- Policyholders whose claims were denied or abandoned without actual cash value payments.
For the full list of exclusions, see the Notice at https://ohiodepreciationclass.com/Portals/0/7641_Stevener_Notice_WEB_v2.pdf?ver=36PBf8pcDtJ0e4b0LrtDWA%3d%3d.

Typical Settlement Amount:

Benefits: (1) For those to whom all nonmaterial depreciation has not been paid, 100% of the net estimated nonmaterial depreciation withheld plus 5% interest, from the date of the last actual cash value payment to April 19, 2022. (2) For those to whom all nonmaterial depreciation was withheld but later paid, 5% interest on the nonmaterial depreciation that was withheld to the date it was paid.

Total Settlement Amount: Unknown

Class Representative Proposed Incentive Fee:


Law Firms:
Erik Peterson Law Offices, PSC
Whetstone Legal, LLC

Claim Form: Erie Insurance Nonmaterial Depreciation Ohio Settlement Claim Form

Case Name: Stevener, et al. v. Erie Insurance, et al.,

Settlement Website: Erie Insurance Nonmaterial Depreciation Ohio Settlement Website

Claims Administrator:
Rust Consulting, Inc.

Claims Administrator Contact Information:

Settlement Administrator
c/o Rust Consulting,Inc. – 7641
PO Box 2599
Faribault, MN 55021-9599

Tags: Depreciation of Labor Costs, Homeowners Insurance, Incomplete payment of benefits due, Insurance