Texas Farmers Insurance Homeowners Class Action Settlement
The Farmers insurance class action settlement includes three types of Classes and Class Members may be eligible for more than one. Class Members include Texas Farmers Insurance policyholders who were covered under the following different Classes:
Rate Class – Includes homeowners who had a Farmers policy between Dec. 28, 2001 and Nov. 10, 2002. The Farmers class action settlement Rate Class also includes Class Members who received a notice at any time after Nov. 14, 2001 that their HO-B policy would not be renewed.
Discount Class – Includes homeowners who had a Farmers policy and according to the defendants’ records, are eligible to receive recalculated discounts on premiums from Nov. 16, 2000 through Dec. 10, 2002.
Credit Usage Notice Class – Includes Farmers homeowners and automobile insurance customers who were provided or should have been provided a Credit Usage Notice from Oct. 1, 1999 through Feb. 28, 2003.
Class Members in the Credit Usage Notice Class must submit a Claim Form in order to receive a cash payment of $35. All other classes will receive automatic payment.
Proof of Purchase
State of Texas v. Farmers Group, Inc
Case No. GV202501
District Court of Travis County Texas
According to the plaintiffs the company used deceptive practices when determining fees, discounts and policy offerings. The State of Texas also alleges that Farmers improperly used credit scores and risk assessments.In addition the company did not provide adequate notices that the information on policyholders’ credit reports may have impacted their premiums or policy placement.
Texas Farmers Settlement
P.O. Box 1903
Faribault, MN 55021-1939