EverBank Force-Placed Insurance 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:

This settlement resolves a class action alleging that when EverBank force-placed homeowner’s insurance, it did it in such a manner as to receive a kickback, and also in a way that resulted in excessive rates and coverage amounts. 

Docket Number:


Company: EverBank Financial Corp

Class Period: January 1, 2009 to August 31, 2015

Objection Deadline: December 21, 2015

Exclusion Deadline: December 21, 2015

Final Approval Hearing: January 20, 2016

Proof of Purchase:

Proof of identity for those who are eligible for a cash payment; claims will be checked against EverBank’s records.


You may be eligible if you were charged by EverBank or Everhome Mortgage, between January 1, 2009 and August 31, 2015, as an insured or additional insured, for a residential hazard, flood, flood-gap, or wind-only lender-placed insurance policy for your home, issued by American Security Insurance Company, Voyager Indemnity Insurance Company, Standard Guaranty Insurance Company, or another insurance company. 

Typical Settlement Amount:

Varies. A payment (for those who paid the premiums) or escrow account credit (for those who still owe for premiums) in the amount of 12.5% of the net premium for the policy in question.

Total Settlement Amount: NA

Class Representative Proposed Incentive Fee:


Law Firm:
Kozyak Tropin & Throckmorton

Claim Form: Wilson Settlement Claim Form

Case Name: Wilson v. Everbank

Settlement Website: Wilson Settlement Website

Claims Administrator:
Epiq Systems, Inc.

Claims Administrator Contact Information:

Wilson v. EverBank
Settlement Administrator

PO Box 3145

Portland, OR 97208-3145



Tags: Deceptive Insurance Practices, Forced Placed Insurance, Homeowners Insurance, Your Bank, Your Home