The State Farm Class Action lawsuit is a Federal lawsuit that was filed against the largest insurance company in the United States. The complaint claims that many of the homeowners who signed up for these home insurance policies returned to their homes to find that they lost everything, but yet again these same individuals suffered additional financial losses by filing an additional insurance claim once it was found that their homes were no longer underinsured. This would result in thousands of dollars in damages. The case was eventually ruled in favor of the plaintiffs. So what does this mean to you?
Well the ruling of the state farm class action lawsuit has put a lot of pressure on the insurance companies to cover the damages and compensate the homeowners.
Many companies are trying to avoid paying out large sums of money in the current economic climate, and this can result in them being more lenient with their customers and less willing to settle out of court. There have been several class action lawsuits over the past few years that have resulted in large amounts of compensation to the plaintiff. If you have been victims of insurance fraud related to your home and have not been awarded the damages you deserve you should take action with the help of a legal attorney today.
Some of the reasons that the State Farm Class Action lawsuit was brought forth was due to the fact that the insurance companies charged unreasonable rates.
Other instances were due to the underwriting process that the companies used which resulted in these companies denying coverage to certain individuals based on their risk factor. Even though these individuals paid extra premiums for their coverage they were denied full benefits. The Class Action lawsuit was also brought forth due to the excessive and unfair business practices of the insurer. Some of the examples of this include; denying coverage based on gender, age, health, driving record, race, or religion. In addition, some insurers offered higher premiums to women than to men for the same car or other insurance policy.
The State Farm Class Action lawsuit 2021 will cover many different types of injuries that have taken place at the hands of State Farm.
Some of the injuries could include but are not limited to lacerations to the face, bruises, cuts and scars. Injuries such as these can make it difficult or impossible for an individual to ever work again. The fact is that most individuals who have sustained these types of injuries often have a lifetime of medical bills that will end up covering most of their lives. Other injuries covered by the class action lawsuit include claims of pain and suffering, loss of income, physical disabilities, disfigurement, permanent scars, emotional trauma, embarrassment, fear, embarrassment, past fear of appearing in public, loss of companionship, loss of love and affection, and a loss of potential earning capacity.
If you or someone you know has been the victim of State Farm insurance fraud and you have been unable to work or continue to work because of injuries sustained as a result of this fraudulent activity, then you may be able to file a State Farm Class Action Lawsuit against State Farm and the individual insurance company that they hold accountable.
A State Farm Class Action Lawsuit will allow you to collect damages from the insurance company that has caused you harm, allowing you the opportunity to get the medical attention you need and deserve. If you are in this situation now, you do not have to continue to endure this injustice. Please contact a personal injury attorney who specializes in these types of cases today to discuss your case in full.
State Farm engages in unfair business practices that have put some people in an unfair financial situation.
This company continually attempts to classify their “claims” as “faultless” in order to keep plaintiffs from recovering money from them. Additionally, in doing so, they have refused to pay proper compensation for injuries sustained. The State Farm insurance carrier engages in this type of behavior on a daily basis, denying reasonable and adequate compensation to plaintiffs and resorting to violence and intimidation to attempt to prevent plaintiffs from receiving fair compensation. As a result of State Farm’s illegal activities, many individuals are suffering due to this company’s disregard for their rights. If you have suffered because of this company’s refusal to acknowledge your rights and your right to recovery, you may want to speak with a state farm class action attorney today in order to obtain justice and fair compensation.