Actual Cash Value
State Farm Valuation of Total Loss Vehicles Class Action
This is yet another class action against an insurance company for improperly determining the actual cash value (ACV) of vehicles that have been declared a total loss. The complaint for this class action names as defendants not only State Farm Mutual Automobile Insurance Company, but also Audatex North American, Inc., Explore Information Services, and Solera Read more
Columbia Insurance Group Inadequate Actual Cash Value Class Action
The complaint for this class action claims that Columbia Mutual Insurance Company, which does business as Columbia Insurance Group (CIG), uses a report that “systematically undervalues” the vehicles of its insureds when settling total loss claims. The result is “a payment of less than the actual cash value” (ACV), saving CIG money at its customers’ Read more
Liberty Mutual Insurance Actual Cash Value Calculation Florida Class Action
The complaint for this class action concerns auto insurance policies with comprehensive and collision coverage, and the payment of the actual cash value (ACV) of a vehicle under Florida law. The complaint alleges that Liberty Mutual Insurance Company “systematically underpaid” insureds who were entitled to the ACV for their vehicles. Read more
Progressive Select Valuation of Total Loss Vehicles Class Action
When a vehicle is in an accident and declared a total loss, how does the insurance company arrive at a figure for replacement? The complaint for this class action alleges that Progressive Select Insurance Company does not arrive at fair settlement amounts, primarily because it does not use proper sources for vehicle valuation. Read more
First Acceptance Insurance Taxes and Fees on Total Losses Florida Class Action
When an automobile is totaled in an accident, the company that insured the vehicle must pay the owner its actual cash value (ACV). The issue in this class action is that insurer First Acceptance Insurance Company, Inc. does not include all costs of replacing the vehicle, such as title transfer fees. Read more
Elephant Auto Insurance Sales Tax and Transfer Fees for Total Losses Class Action
When an insurance company pays the replacement cost of a vehicle that is a total loss, should that amount include sales tax and title/tag transfer fees? The complaint for this class action says yes, and it alleges that Elephant Insurance Company owes these amounts to its insureds who have had total losses. Read more
Esurance Property and Casualty False Bases for Vehicle Valuation Class Action
Plaintiff Richard Bettor claims that Esurance Property and Casualty Insurance Co. undervalued his vehicle when paying him for a total loss after an accident. The complaint for this class action claims that Esurance used false bases to determine the value of totaled vehicles covered under its automobile policies. The complaint asks for declaratory relief against Read more
Transamerica Life Insurance Policy Extra Interest and Charges Class Action
Life insurance policies can last for many years, and consumers are often unaware of whether the terms of their policies are fully met or not. The complaint for this class action claims that plaintiff Ronald B. Hardy was not aware for many years that an extra interest endorsement on his policy was not being paid Read more
Transamerica Life Insurance Policy Extra Interest and Charges Class Action
Life insurance policies can last for many years, and consumers are often unaware of whether the terms of their policies are fully met or not. The complaint for this class action claims that plaintiff Ronald B. Hardy was not aware for many years that an extra interest endorsement on his policy was not being paid Read more