The settlement will benefit individuals who made a claim to State Farm for loss or damage to a dwelling or other structure located in Arkansas based on a loss that occurred between May 1, 2010 and Dec. 6, 2013. You may be eligible for a potential award from the Arkansas State Farm Insurance Claims Class Action Lawsuit!
According to the class action, State Farm breached their Arkansas policies by wrongfully deducting the depreciation of labor costs for property damage.
So if you are eligible, file a claim by July 1, 2020 to receive your potential award!
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Arkansas State Farm Insurance Claims Class Action Lawsuit
- Claim Form Deadline: July 1, 2020
- Who’s Eligible: Individuals who made a claim to State Farm for loss or damage to a dwelling or other structure located in Arkansas based on a loss that occurred between May 1, 2010 and Dec. 6, 2013 and who received an “actual cash value” payment from State Farm for their claim.
- Estimated Amount:
- Group A: 100 percent of estimated unpaid labor depreciation plus interest at 5.25 percent per annum (for claimants who had estimated labor depreciation deducted but not subsequently recovered and who did not complete repairs in full)
- Group B: 75 percent of the estimated unpaid labor depreciation plus interest at 5.25 percent per annum (for claimants who had estimated labor depreciation deducted but only recovered part of the initially deducted labor depreciation and/or completed repairs in full)
- Group C: 10 percent of the estimated unpaid labor depreciation (for claimants who had estimated labor depreciation deducted and recovered all depreciation)
- Proof of Purchase: Information in State Farm’s records along with claimant documentation may be required to validate claims.
- Case Name & Number: Stuart, et al. v. State Farm Fire and Casualty Company, Case No. 4:14-cv-04001-SOH, in the U.S. District Court for the Western District of Arkansas
(Click here to file a claim)
How To File a Claim
- Head over to the Arkansas State Farm Insurance Claims Claim Form.
- Look over the claim form to see if you are eligible.
- Complete the claim form with your information.
- Submit your claim by July 1, 2020 to receive your potential award!
Bottom Line
The settlement will benefit individuals who made a claim to State Farm for loss or damage to a dwelling or other structure located in Arkansas based on a loss that occurred between May 1, 2010 and Dec. 6, 2013. You may be eligible for a potential award from the Arkansas State Farm Insurance Claims Class Action Lawsuit!
If you are eligible, file a claim by the deadline to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!
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