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:Founders Insurance Company is settling a class action alleging that, when it makes a payout for a total loss under an insurance policy in Ohio, it is required to include sales tax and title transfer fees for the supposed new vehicle.
Docket Number:A 2003986
Company: Founders Insurance Company
Filing Deadline: August 26, 2022
Class Period: November 13, 2012 to April 7, 2022
Objection Deadline: July 12, 2022
Exclusion Deadline: July 12, 2022
Final Approval Hearing: August 11, 2022
Proof of Purchase:You do not need to provide proof.
Eligibility:You may be eligible if you are an insured, under any Ohio automobile insurance issued by Founders Insurance Company covering a vehicle with physical damage coverage for comprehensive or collision loss where the vehicle was declared a total loss, who made a first-party claim for total loss, whose claim was adjusted as a total loss, and who did not receive a payment or reimbursement from Founders of sales taxes or title or tag transfer fees, between November 13, 2012 and April 7, 2022.
Typical Settlement Amount:Founders will pay sales tax calculated at 7.116% (the average rate paid during the class period), title transfer fees of $15, and tag transfer fees of $4.50.
Total Settlement Amount: Unknown
Class Representative Proposed Incentive Fee:$5,000
Law Firms:
Edelsberg Law PA
Shamis & Gentile PA
Spangenberg Shibley & Liber
Claim Form: Founders Insurance Total Loss Settlement Claim Form
Case Name: Morris v. Founders Insurance Company
Settlement Website: Founders Insurance Total Loss Settlement Website
Claims Administrator:
Simpluris, Inc.
Morris v Founders Insurance Company
PO Box 25412
Santa Ana, CA 92799
866-605-2145