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Farmers and Mid-Century Insurance Diminished Value Class Action 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:

The plaintiffs in this lawsuit allege that when certain automobiles sustain damage to their structural systems and bodies, they cannot be repaired to their pre-accident condition, causing the vehicles to suffer a loss in value called “diminished value.” Plaintiffs allege that Farmers and Mid-Century failed to pay for this type of loss under their Washington insurance policy’s comprehensive and collision coverage, and that such an alleged failure to pay is a breach of Farmers’ and Mid-Century’s automobile insurance contract. 

Docket Number:

13-2-15638

Company: Farmers Insurance Group

Filing Deadline: December 26, 2016

Class Period: December 12, 2007 to May 1, 2010

Objection Deadline: November 26, 2016

Final Approval Hearing: December 2, 2016

Proof of Purchase:

Must provide Claimant ID number and vehicle information. If you do not have a claimant ID, please contact the claims administrator.

Eligibility:

You are a member of the class if:

  1. Farmers or Mid-Century paid to have your insured vehicle repaired under the collision or comprehensive provision of a Farmers Washington policy issued in Washington; and 

  2. you received payment under your collision or comprehensive coverage for property damage to your insured automobile between December 12, 2007 and May 1, 2010; and 

  3. the repair estimate on your vehicle (including any supplements) totaled at least $1,000; 

  4. your vehicle was no more than six years old (model year plus ve years) and had less than 90,000 miles on it at the time of the accident; and 

  5. your vehicle suffered structural (frame) damage and/or deformed sheet metal and/or required body or paint work. 

Typical Settlement Amount:

Varies depending on vehicle repair cost

Total Settlement Amount: $10,737,245

Class Representative Proposed Incentive Fee:

$7,500

Law Firms:
Law Office of Scott P. Nealey
Law Offices of Stephen M. Hansen PS

Claim Form: Online Claim Form

Case Name: Klaus Snyder v. Farmers Insurance Company of Washington and Mid-Century Insurance Company,

Settlement Website: Snyder v. Farmers Settlement Site

Claims Administrator:
Rust Consulting

Claims Administrator Contact Information:

866-458-3189 

Tags: Coverage Denial, Deceptive Insurance Practices