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State Farm New Mexico UIM Coverage Class Action Settlement
State Farm has agreed to a $20.925 million settlement over allegations it failed to explain New Mexico's UIM offset procedures at the time of sale. New Mexico policyholders insured with State Farm U Coverage between 2010 and 2021 can claim up to 21% of premiums paid for minimum limits coverage. Claim deadline is July 2, 2026. SEO title: State Farm NM UIM Settlement: $20.925M, Up to 21% of Premiums