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Multiple Insurance Companies
Settlement provides compensation to some commercial and residential homeowners insurance policyholders for improperly deducted nonmaterial depreciation.
ClosedUnited States-wideClaim status: Claim window closedPayout: Closed settlementNo longer claimable
About this settlement
Compensation for insurance policyholders whose nonmaterial depreciation was wrongly deducted from their claims.
This settlement resolves claims against several insurance companies for improperly deducting nonmaterial depreciation from some commercial and residential homeowners insurance policies. Eligible policyholders may receive compensation through the official claims process.
Who qualifies
- Holders of certain commercial property insurance policies.
- Holders of certain residential homeowners insurance policies.
- Those whose policies had nonmaterial depreciation improperly deducted.
Closed settlement
Claim status: Claim window closed