Illinois Property Depreciation Settlement

Illinois Insurance Companies

Insurance companies withheld depreciation on non-material items when paying actual cash value (ACV) claims on property damage in Illinois. If your insurer reduced your payout by depreciating things like labor or other non-material items, you may be owed money.

Who may qualify

You qualify if you held a commercial or personal property insurance policy in Illinois, filed a structural loss claim during the class period, and received an ACV payment with nonmaterial depreciation withheld — or were denied payment because of it.

How to claim

This claim is publicly available and free to file yourself directly with the settlement administrator. Read the official eligibility rules and deadline before filing - they are the source of truth. PendingMoney can find, fill, and track it for you, but you can always do it on your own.

Eligibility and payouts are not guaranteed and are decided by the settlement administrator, not PendingMoney. PendingMoney is not a law firm and does not provide legal advice. Available to U.S. residents only.

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