$20.93M State Farm New Mexico U Coverage class action settlement

State Farm agreed to a $20.93 million class action settlement to resolve claims it charged New Mexico policyholders illegal offsets when paying underinsured motorist claims.

The State Farm settlement benefits individuals insured under New Mexico insurance policies issued by State Farm that included uninsured and underinsured motorist coverage between Jan. 1, 2010, and Dec. 31, 2021.

According to the class action lawsuit, State Farm allegedly failed to explain its offset procedures to New Mexico policyholders, resulting in illegal offsets that reduced their underinsured motorist payments.

State Farm is an insurance company that offers coverage for cars, homes, businesses, life and more.

State Farm has not admitted any wrongdoing but agreed to a $20.93 million class action settlement to resolve the allegations.

Under the terms of the State Farm settlement, class members can receive a cash payment based on the amount they paid for uninsured and underinsured motorist coverage.

Class members who paid for minimum limits U Coverage can receive a payment of up to 21% of the premiums they paid for this coverage. Class members who paid for non-minimum limits U Coverage can receive a payment of up to 13% of the premiums they paid for this coverage.

Payments may be reduced on a pro rata basis if a large number of claims are filed with the settlement.

The deadline for exclusion and objection is May 18, 2026.

The final approval hearing for the class action settlement is scheduled for June 8, 2026.

To receive settlement benefits, class members must submit a valid claim form by July 2, 2026.

Who’s Eligible

The class action settlement benefits individuals who were insured under New Mexico insurance policies issued by State Farm that included U Coverage between Jan. 1, 2010, and Dec. 31, 2021.

Potential Award

Up to 21% of premiums for minimum limits U Coverage and 13% for non-minimum limits U Coverage purchased between 2010 and 2021.

Proof of Purchase

State Farm policy number (if known)

Claim Form

NOTE: If you do not qualify for this settlement do NOT file a claim.

Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.

Claim Form Deadline

07/02/2026

Case Name

Schwartz v. State Farm Mutual Automobile Insurance Co., et al., Case No. 18-CV- 00328-KWR-SCY, in the United States District Court for the District of New Mexico

Final Hearing

06/08/2026

Settlement Website

SchwartzUIMClassSettlement.com

Claims Administrator

Schwartz v. State Farm
Settlement Administrator
P.O. Box 4359
Portland, OR 97208-4359
877-748-7791

Class Counsel

Paul Dominguez
THE DOMINGUEZ LAW FIRM LLC

Ryan Villa
THE LAW OFFICE OF RYAN J. VILLA

Justin Pizzonia
PIZZONIA LAW LLC

Defense Counsel

James Gaughan
RILEY SAFER HOLMES & CANCILA LLP