S

State Farm

New Mexico policyholders may be eligible for a refund of up to 21% of premiums paid for U Coverage between 2010 and 2021.

ClosedNew Mexico onlyClaim status: Closed on July 2, 2026Payout: Up to 21% of premiumsNo longer claimable

About this settlement

Alleged illegal offsets when paying underinsured motorist claims for New Mexico policyholders.

This settlement resolves claims that State Farm illegally offset underinsured motorist claims for New Mexico policyholders. Eligible class members may receive a refund of up to 21% of premiums for minimum limits U Coverage and 13% for non-minimum limits U Coverage purchased between 2010 and 2021.

Who qualifies

  • Individuals insured under New Mexico State Farm policies with U Coverage.
  • Policies issued between Jan. 1, 2010, and Dec. 31, 2021.

Up to 21% of premiums

Claim status: Closed on July 2, 2026

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