State Farm UIM Coverage Settlement — Up to $20.9 Million for New Mexico Policyholders

vs. State Farm

Payout Range

Varies

Deadline

7/2/2026

Time Left

77 days

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About this settlement

A settlement has been reached in a class action lawsuit against State Farm relating to allegations that the company violated New Mexico law with its sale of the underinsured motorist (UIM) component of Uninsured and Unknown Motorist Coverage (U Coverage). The lawsuit claims State Farm did not explain the offset procedures required under New Mexico law when a UIM claim is adjusted.

Who is eligible

  • Must reside in: NM

Who is in the settlement class

New Mexico policyholders who had auto insurance with State Farm that included U Coverage between January 1, 2010 and December 31, 2021.

How to claim

This settlement has multiple claim paths.

Minimum limits U Coverage

Variable (pro rata)

Receive up to 21% of premiums paid for minimum limits U Coverage purchased between 2010 and 2021.

Documentation required: Claim ID from mailed or emailed notice.

Non-minimum limits U Coverage

Variable (pro rata)

Receive up to 13% of premiums paid for non-minimum limits U Coverage purchased between 2010 and 2021.

Documentation required: Claim ID from mailed or emailed notice.

How to file

This settlement accepts online and mail claim submissions. Pick whichever is easier.

Mail to
Schwartz v. State Farm
Settlement Administrator
P.O. Box 4359
Portland, OR 97208-4359

Official settlement information

https://openclassactions.com/settlements/state-farm-uim-coverage-class-action-settlement.php

ClaimHawk is an independent service. Review the official settlement site for legally binding terms.

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