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If your Missouri home or property was insured by Safeco Insurance Company of America and you filed a claim for structural loss between June 5, 2012, and October 31, 2022, you may qualify to submit a claim for a payment from a class action settlement.
Safeco has agreed to pay at least $11.3 million to settle a class action lawsuit for allegedly improperly deducting nonmaterial depreciation when adjusting certain structural loss claims in Missouri.
Who is eligible for a settlement payout?
Class members must meet the following criteria:
- You were issued a non-commercial property policy in Missouri by Safeco Insurance Company of America between June 5, 2012, and October 31, 2022.
- You made a structural loss claim under Coverage A or B of your policy.
- A Symbility and/or Xactimate estimate was used to determine the payment.
- Nonmaterial depreciation was withheld from your claim, or the withholding of nonmaterial depreciation caused the loss to drop below the policy deductible, preventing an ACV payment.
Who is excluded from the class?
There are exclusions for some policyholders, which are detailed on the settlement website.
How much is the Safeco class action payment?
Payment amounts will be calculated based on the amount of nonmaterial depreciation withheld:
- Payment A: Class members will be equal to 90% of the nonmaterial depreciation that was withheld from ACV payments and not subsequently paid, plus 5% simple interest from January 1 of the year the loss was reported through December 31, 2024.
- Payment B: Policyholders whose nonmaterial depreciation was subsequently paid, payments will be calculated based on the amount of nonmaterial released depreciation:
- $1 - $5,000: $25
- $5,001 - $10,000: $50
- $10,001 - $20,000: $100
- $20,001 - $40,000: $200
- $40,001 - $60,000: $300
- $60,001 - $80,000: $400
- Greater than $80,000: $500
How to claim a settlement payout
To claim a class action rebate, class members must complete a claim form by the deadline of July 7, 2025. The form can be submitted on the settlement website through the online claim form or a PDF claim form can be printed and mailed to the settlement administrator.
Policyholders with more than one covered loss during the class period must submit a separate claim form for each Safeco loss claim.
Settlement Administrator's mailing address: Scott v. Safeco Settlement Administrator, P.O. Box 2050, Portland, OR 97208-2050
Required documentation
- Unique ID and PIN from notice required to submit an online claim form.
- Safeco policy number, claim number, and date of loss required.
- Class members that have signed a contract with another party to recover insurance benefits for a specific claim must attach a copy of the assignment contract.
Payout options
A check will be mailed to the address provided.
Safeco settlement fund
The settlement fund breakdown includes:
- Payments to valid claimants: Based on the number of claims submitted
- Settlement administration costs: Estimated at $120,000
- Attorneys' fees and expenses: Up to $3.395 million
- Plaintiff service award: Up to $7,500
Important dates
- Deadline to File a Claim: July 7, 2025
- Final Approval Hearing: May 21, 2025
When is the class action rebate payment date?
The final hearing is scheduled for May 21, 2025. Claims will be processed and paid out to approved class members after the court grants the settlement final approval.
Why was there a class action settlement?
The lawsuit alleged that Safeco improperly deducted nonmaterial depreciation when adjusting structural loss claims, which led to reduced payments to policyholders. By agreeing to settle, the parties avoid the costs of a trial, and impacted individuals receive compensation.
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