Texas Farmers Settlement
- If you owned Farmers Group insurance in Texas from the years of 1999 to 2003, there may free money coming in the mail to you
- Farmers Group homeowners and automobile insurance policies are the policies in question in this suit
- The court will make a decision in this lawsuit on Feb. 1, 2016
If you had Farmers Group insurance in the state of Texas from 1999 to 2003, you may be in line for a free settlement check!
The class action suit alleges that Farmers Group did several things: they charged rates that led to excessive premiums, they didn’t notify policy holder that certain things on their credit report could impact their premium, and that they improperly stopped offering a certain type of homeowners insurance, leading to higher rates.
Farmers Group denies that they have done anything illegal, but is willing to settle this case out of court if it means they can avoid costly and time consuming legal action.
How much each individual claimant will receive in this case depends on how many eligible claims are filed. It’s been decided that a little more than $80 million will be awarded. If approved, that amount will be spread out between the legal representation along with everyone that filed an eligible claim.
If you wish to pursue legal action against Farmers Group on your own, you can do so, but you will need to remove yourself from this class action suit first. By participating in the State of Texas v. Farmers Group, Inc. class action lawsuit, you are waiving your right to sue on your own. Your claim must be submitted online by December 31, 2015. The final approval in this lawsuit will be granted on Feb. 1, 2016.
For more information about the Texas Farmers Group settlement, contact:
- Texas Farmers Settlement, P.O. Box 1903, Faribault, MN 55021-1939