$20.93M State Farm New Mexico U Coverage class action settlement

$20.93M State Farm New Mexico U Coverage class action settlement

This settlement is closed. The claim deadline has passed and new claims are no longer being accepted. This page is kept for reference — see settlements that are still open →

By the Class Action Buddy Editorial Team · Last reviewed April 24, 2026

See details
Max Payout
Jul 02, 2026
Filing Deadline
Yes
Proof Required?
State Farm has agreed to pay $20.93 million to settle a class action lawsuit in New Mexico over allegedly illegal practices related to underinsured motorist coverage. The lawsuit claimed that State Farm improperly charged New Mexico policyholders illegal offsets when paying out underinsured motorist claims, which may have reduced the compensation drivers received after accidents. If you had State Farm auto insurance in New Mexico and filed an underinsured motorist claim, you may be entitled to compensation from this settlement. The settlement aims to reimburse policyholders who may have received less money than they were owed due to these alleged improper offset charges.
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Who Was Eligible?

Who the settlement covered:

  • Had State Farm auto insurance in New Mexico
  • Filed an underinsured motorist (UM) claim with State Farm
  • Had illegal offsets applied to your claim payment
  • Were a policyholder during the relevant time period (specific dates pending)

How Much Did It Pay?

The total settlement fund is $20.93 million, which will be distributed among eligible class members. The exact amount each person receives will depend on factors such as the size of their original claim, the amount of the illegal offset, and the total number of valid claims submitted. Individual payouts have not been specified at this time.

How this claim was filed

This settlement is closed, so the steps below are kept for reference only — they no longer lead anywhere you can file.

  • Gather your State Farm auto insurance policy information
  • Collect documentation of any underinsured motorist claims you filed
  • Look for records showing offset charges on your claim payments
  • Wait for official claim forms to become available (details pending)

Looking for something you can still claim?

This one has closed, but the open settlements list is kept current, and Class Action Buddy will tell you when a new one matches your profile.

Frequently Asked Questions

What is the deadline to file a claim for the $20.93M State Farm New Mexico U Coverage class action settlement?

The deadline to file a claim was Jul 02, 2026, and it has passed. Claims are no longer accepted for this settlement.

Did I need documentation for the $20.93M State Farm New Mexico U Coverage class action settlement?

Yes — this settlement required supporting documentation, and the official claim form set out what counted.

What is an underinsured motorist claim offset?

An offset is when an insurance company reduces your claim payment by deducting other amounts, such as payments from the at-fault driver's insurance. State Farm allegedly applied these offsets illegally in New Mexico.

How do I know if I had illegal offsets on my State Farm claim?

Review your claim documentation and payment records. Look for any deductions or reductions in your underinsured motorist claim payout. The settlement will help determine which offsets were improper.

When is the deadline to file a State Farm New Mexico settlement claim?

The filing deadline has not been announced yet. Settlement details are still being finalized. Use Class Action Buddy to get notified when claim forms become available.

Primary source: official settlement administrator — schwartzuimclasssettlement.com. The settlement details on this page were checked against the administrator’s official website.

Class Action Buddy is an independent directory and is not affiliated with, endorsed by, or sponsored by the settlement administrator or the court. This page is general information, not legal advice. See how we verify settlements.

This settlement has closed

The filing deadline for this one has passed, so no new claims are being accepted. Class Action Buddy tracks the settlements that are still open and tells you when a new one matches your profile.

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