State Farm Missouri structural insurance class action settlement

State Farm has agreed to a class action lawsuit settlement to resolve claims it deducted non-material depreciation from Missouri structural insurance policyholder claims.

The settlement covers Missouri policyholders insured under a State Farm structural damage policy who filed a structural insurance claim for damages on or after June 5, 2012, and received an actual cash value (ACV) payment that included deductions for non-material depreciation or general contractor overhead and profit. It also covers policyholders who would have received an ACV payment but did not because those depreciation deductions reduced the ACV amount below the applicable deductible.

The class period for the settlement is June 5, 2012, to approximately October 2017.

State Farm is an insurance company that offers a variety of insurance products, including home insurance. According to a class action lawsuit resolved by this settlement, State Farm wrongfully deducted non-material depreciation from Missouri structural insurance policyholder claims.

State Farm has not admitted any wrongdoing but agreed to pay an undisclosed sum to resolve these allegations.

Under the terms of the State Farm settlement, class members can receive a cash payment based on the depreciation deducted from their structural insurance claim.

Class members who received an ACV payment but did not recover deducted depreciation through replacement cost benefits may receive 90% of the non-material depreciation and 50% of the general contractor overhead and profit depreciation that were deducted, plus 8.9% simple interest on those amounts.

Class members who received an ACV payment and later recovered the deducted amounts through replacement cost benefits may receive 8.9% simple interest on 90% of the non-material depreciation and on 50% of the general contractor overhead and profit depreciation.

Class members who did not receive an ACV payment because depreciation deductions reduced the ACV below the deductible may receive 90% of the non-material depreciation and 50% of the general contractor overhead and profit depreciation that were not paid, to the extent those amounts exceed the deductible, plus 8.9% simple interest.

The deadline for exclusion and objection is Jan. 30, 2026.

The final approval hearing for the State Farm settlement is scheduled for March 3, 2026.

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

Who’s Eligible

Missouri policyholders insured under a State Farm structural damage policy who filed a structural insurance claim for damages on or after June 5, 2012, and received an actual cash value payment that included deductions for non-material depreciation or general contractor overhead and profit. It also covers policyholders who would have received an ACV payment but did not because those depreciation deductions reduced the ACV amount below the applicable deductible.

Potential Award

Varies

Proof of Purchase

Policy number, claim number, date of loss, address of property, total amount of the ACV payment, if any, received, total amount of the RCB payment, if any, received, total amount of depreciation deducted from the ACV payment, if any, total amount of depreciation deducted from the RCB payment, if any, and a signed statement that the information provided is true and correct.

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

04/02/2026

Case Name

Pregon v. State Farm Fire and Casualty Co., Case No. 24SL-CC03130, in the Circuit Court for the Twenty-First Judicial Circuit, St. Louis County, Missouri

Final Hearing

03/03 /2026

Settlement Website

Pregon-v-StateFarm.com

Claims Administrator

Pregon v. State Farm Settlement
c/o JND Legal Administration
PO Box 91215
Seattle, WA 98111
[email protected]
877-206-2313

Class Counsel

David T. Butsch
Christopher E. Roberts
BUTSCH ROBERTS & ASSOCIATES LLC

T. Joseph Snodgrass
SNODGRASS LAW LLC

J. Brandon McWherter
MCWHERTER SCOTT BOBBITT PLC

Erik D. Peterson
ERIK PETERSON LAW OFFICES PSC

Douglas J. Winters
THE WINTERS LAW GROUP LLC

Defense Counsel

Michael F. Walsh
SQUIRE PATTON BOGGS (US) LLP