If you had a lender placed insurance policy issued on a residential property between Jan. 1, 2011 to Oct. 31, 2018, and paid or still owe Caliber Home Loans for the insurance, you could be rewarded with a potential award. This is all thanks to the Caliber Home Loans Lender Placed Insurance Class Action Lawsuit.
According to the lawsuit, Caliber Home Loans and its associates provided lender placed insurance for hazard, flood, flood gap or wind but charged homeowners excess premiums and fees. If you’re eligible, be sure to submit a claim form no earlier than July 1, 2019.
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Caliber Home Loans Lender Placed Insurance CAL
- Caliber Home Loans Lender Placed Insurance Claim Form
- Claim Form Deadline: No earlier than July 1, 2019
- Who’s Eligible: Class Members include those who, between Jan. 1, 2011, and Oct. 31, 2018, “were charged by Caliber under a hazard, flood, flood gap or wind-only [lender placed insurance] Policy for Residential Property,” who also either paid or still owe Caliber Home Loans for a premium on that policy.
- Estimated Amount: Up to 6% of the net premium of a lender placed insurance policy in either cash or credit.
- Class Members who were charged between Jan. 1, 2011 and June 30, 2013, are eligible for a credit or payment equal to six percent of the net premium on the loan payment
- Class Members who were charged between July 1, 2013 and Dec. 31, 2015, are eligible for a credit or payment equal to 4.5 percent of the net premium
- Class Members who were charged between Jan. 1, 2016 and Oct. 31, 2018, are eligible for a credit or payment equal to three percent of the net premium
- Proof of Purchase: Class Members must provide their Claim ID number and/or information about the residential property with the Caliber Home Loan lender placed insurance policy and a partial Social Security number. Class Members will have to provide verification of identity as well.
- Case Name & Number: Rickert v. Caliber Home Loans Inc., et al., Case No. 3:17-cv-06677, in the U.S. District Court for the District of New Jersey
File a Claim
- Head over to the Caliber Home Loans Lender Placed Insurance Claim Form
- Look over the claim form to see if you are eligible.
- Complete the claim form with your information.
- Submit your claim no earlier than July 1, 2019 to receive your potential award!
Bottom Line
If you were charged by Caliber under a hazard, flood, flood gap or wind-only Policy for Residential Property, who also either paid or still owe Caliber Home Loans for a premium on that policy between January 1, 2011, and October 31, 2018, then you may be awarded with a potential award due to the Florida Pulte Home Stucco Construction Defects Class Action Lawsuit.
If you are eligible, file a claim no earlier than July 1, 2019 to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!
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