USAA Late Fee Litigation Settlement
What happened
USAA assessed late fees against policyholders with Maryland insurance policies. Following an investigation by the Maryland Insurance Commissioner, USAA refunded the principal amount of these late fees but did not include accrued interest and gains. Plaintiffs allege that policyholders should have received the interest and gains in addition to the refunded principal. USAA denies wrongdoing.
Do you qualify?
You qualify if you were charged a late fee by USAA on a Maryland insurance policy prior to 2020, received a refund for those late fees under Maryland Consent Order MIA-2020-08-002, and did not receive accrued interest and/or gains on the late fee refund.
How to file
You do not need to do anything to receive payment. Current policyholders will receive a statement credit, and former policyholders will receive a mailed check. No deadline applies if you remain in the settlement class.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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