Projected Sold Adjustment

Progressive Direct “Projected Sold Adjustments” Idaho Class Action

To determine the actual cash value (ACV) of vehicles that are totaled, Progressive Direct Insurance Company uses a third-party vendor, Mitchell International, Inc. But the complaint for this Idaho class action alleges that Progressive “systematically thumbs the scale” in its own favor by applying Projected Sold Adjustments to Mitchell’s valuations, in order to make smaller  Read more

Progressive Universal “Projected Sold Adjustments” Nebraska Class Action

When a vehicle is totaled in an accident, the insurance company must calculate the vehicle’s actual cash value (ACV) in order to determine the payout. The complaint for this class action alleges that Progressive Universal Insurance Company “systematically thumbs the scale” in its own favor by applying something called a Projected Sold Adjustment that the  Read more

Progressive Direct “Projected Sold Adjustments” Oklahoma Class Action

Progressive Direct Insurance Company uses a third-party vendor, Mitchell International, Inc., to help it determine the actual cash value (ACV) of vehicles that are totaled. But the complaint for this class action alleges that Progressive “systematically thumbs the scale” by applying Projected Sold Adjustments to the valuations of the vehicles, in order to reduce the  Read more

Progressive Direct Projected Sold Adjustments to ACVs Kentucky Class Action

When a vehicle is totaled in an accident, the insurance company must determine its actual cash value (ACV) in order to make a payout to the insured. But the complaint for this class action alleges that Progressive Direct Insurance Company unfairly reduces its payouts by taking the valuations provided by its vendor, Mitchell International, Inc.,  Read more