Frontier Mt Carroll Mutual Insurance Settlement: Is It Genuine? Find Out
Did you receive the Frontier Mt Carroll Mutual Insurance Settlement email? It is not a scam. You received the mail because you filed a claim.
Frontier-Mt. Carroll Mutual Insurance said they will settle this class action lawsuit Why? Because folks were saying they did some not-so-great stuff, like cutting down on property insurance payouts. So, they’re trying to make things right.
Who Is Eligible For The Frontier Mt Carroll Mutual Insurance Settlement
Here’s the deal: If you’re a policyholder with Frontier-Mt. Carroll Mutual Insurance and you made a structural loss claim for an Illinois property between February 28, 2020, and September 17, 2021, and they held back some cash because of labor depreciation, you might be in for some good news.
The folks who brought this class action lawsuit said that Frontier-Mt. Carroll Mutual Insurance shouldn’t have taken labor depreciation off property loss claims in Illinois. They claim it hurt people’s wallets and went against Illinois state laws.
How Much Is The Settlement
If you haven’t gotten any money back for labor depreciation, you might be looking at a sweet deal. They’re saying you could snag up to 112.5% of the labor depreciation they took from your cash value payment. And from what I’ve seen, the average payment for folks who haven’t gotten anything back yet is around $1,722.06.
Now, if you’ve already seen some compensation for labor depreciation, there’s still good news. You could get a one-time payment, and it’ll depend on how much they took and how long they held onto it. On average, those folks are looking at about $60.40. So, there’s a little something for everyone in this settlement.
How To File A Claim
If you are eligible, fill out a valid claim form before the deadline Dec. 15, 2023.
Click here to fill out a form.
Conclusion
Gentes Trust No. 1, et al. v. Frontier-Mt. Carroll Mutual Insurance, Case No. 2022-LA-000269 is not a scam. Just like Louisville and Jefferson County lawsuit settlement. Here’s the deal: If you’re a policyholder with Frontier-Mt. Carroll Mutual Insurance and you made a structural loss claim for an Illinois property between February 28, 2020, and September 17, 2021, and they held back some cash because of labor depreciation, you might be in for some good news.
