$6.5M Liberty Mutual and Safeco UIM coverage class action settlement
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Liberty Mutual and Safeco have agreed to pay $6.5 million to settle a class action lawsuit in New Mexico. The settlement resolves claims that these insurance companies failed to properly inform their policyholders about underinsured motorist (UIM) coverage options.
If you had an auto insurance policy with Liberty Mutual or Safeco in New Mexico, you may be entitled to compensation from this settlement. The lawsuit alleged that policyholders weren't given adequate information about UIM coverage, which protects you when you're in an accident with a driver who doesn't have enough insurance to cover your damages.
Who Is Eligible?
You may be eligible to file a claim if you:
- Had an auto insurance policy with Liberty Mutual or Safeco in New Mexico
- Were not properly advised about underinsured motorist (UIM) coverage options
- Details about specific time periods and policy requirements are pending
How Much Can You Get?
The total settlement fund is $6.5 million, which will be distributed among eligible class members. Individual payout amounts will depend on factors such as your policy details, how long you were a policyholder, and the total number of valid claims submitted. Specific payout amounts per person have not been disclosed at this time.
How to File Your Claim
Filing your claim is quick and easy:
- Gather your Liberty Mutual or Safeco auto insurance policy documents from New Mexico
- Review your policy to confirm you had coverage during the relevant time period
- Wait for official claim forms and filing instructions to be announced
- Download Class Action Buddy to stay updated on filing deadlines and get help submitting your claim when the process opens
Frequently Asked Questions
Who qualifies for the Liberty Mutual Safeco New Mexico settlement?
New Mexico residents who had auto insurance policies with Liberty Mutual or Safeco and were not properly advised about underinsured motorist coverage options may qualify. Specific eligibility criteria are still being finalized.
How much money can I get from the Liberty Mutual Safeco settlement?
The total settlement is $6.5 million. Individual payouts will vary based on your policy details and the number of valid claims. Exact amounts have not been announced yet.
What is underinsured motorist coverage?
Underinsured motorist (UIM) coverage protects you when you're in an accident with a driver who has some insurance, but not enough to cover all your damages. This settlement involves claims that Liberty Mutual and Safeco didn't properly explain this coverage option to their New Mexico customers.
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