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Public Storage Self-Storage Insurance Settlement (Florida)

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 is a settlement for a class action alleging that Public Storage told Florida tenants it would send premiums collected for self-storage insurance to an insurance company, but that it retained more than 75% of the money collected.

Docket Number:

14-21559-CIV-UNGARO

Filing Deadline: January 11, 2016

Class Period: November 23, 2004 to January 31, 2014

Objection Deadline: January 11, 2016

Exclusion Deadline: January 11, 2016

Final Approval Hearing: February 26, 2016

Proof of Purchase:

Must provide info on storage space rented that is verifiable via Public Storage’s records.

Eligibility:

You may be eligible if you rented a storage unit from Public Storage in Florida and purchased a self-storage insurance policy through the company from May 1, 2010 through June 18, 2015.

Typical Settlement Amount:

Varies. Class members will be able to file claims and obtain up to 50% of their total alleged damages; may be less, depending on the number and amounts of claims received.

Total Settlement Amount: $5 million

Class Representative Proposed Incentive Fee:

$10,000

Claim Form: Public Storage Settlement Claim Form

Case Name: Morgan v. Public Storage

Settlement Website: Public Storage Settlement Website

Claims Administrator:
AB Data

Claims Administrator Contact Information:

Claims Administrator

Public Storage Insurance Lawsuit

c/o AB Data

PO Box 170500

Milwaukee, WI 53217

Tags: Deceptive Insurance Practices, Storage Insurance