Class Action Settlement Gives Progressive Insurers More Money for Past Claims

Here’s some good news for Progressive automobile policy holders in Colorado: If you were paid by Progressive on a personal injury claim, you may qualify for more money from a class action settlement.

Progressive Mountain Insurance has settled a lawsuit accusing them of failing to properly explain the additional Personal Injury Protection (PIP) options available to policyholders before selling them their policies. If you filed a personal injury claim for PIP benefits with Progressive after March 11, 1999 and received PIP benefits, you could be eligible for additional medical expenses and lost wages as a result of your accident beyond the original limits of your PIP coverage benefits. This may include lost wages that occurred more than 52 weeks after the accident, lost wages greater than $400 per week, reasonable medical expenses incurred after policy limits were reached, and/or future medical expenses, according to the class action settlement notice. Your payment under the class action settlement will be determined as follows:

(1) Lost Wages – If you made over $250 per week at your job, you can get 150% of any unpaid wage benefits. If you made less than $250 per week, you are not eligible for an additional payment for lost wages.

(2) Medical Expenses – You can get 150% of any reasonable medical expenses that were unpaid because the policy limit was applied or because they occurred more than five years after the covered accident.

(3) Future Medical Expenses – You can bet 150% times the amount of any future reasonable medical expenses, which occurred more than five years after the accident or exceeded they policy limit.

To make a claim for this class action settlement, you must submit your claim form by August 13, 2010. Claim forms can be obtained by calling 1-888-256-2601. For more information on this class action settlement, visit http://progressiveclass.com.