Lawsuit Filed Against Auto Insurers Over Rates in Pandemic

Lawsuit Filed Against Auto Insurers Over Rates in Pandemic

LAS VEGAS (AP) – Class action lawsuits were filed in Nevada against 10 major auto insurance companies Tuesday, contending that the companies charged excessive insurance premiums during the pandemic by failing to account for a drop in driving and crashes

The lawsuits acknowledge that some insurers provided discounts over the emptier roads and drop in accidents and claims, but the discounts did not offer “any meaningful relief that actually reflects the reduction in cars on the road and reduced driving during the pandemic.”

The lawsuits were filed against State Farm, USAA, Geico, Acuity, Liberty Mutual, Farmers, Progressive, Travelers, Nationwide and Allstate.

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