If you have made at least one full monthly mortgage payment to PNC and were charged for force-placed insurance between Jan. 1,2008 and Sept. 30, 2015, then you are eligible for a potential award from the PNC Bank Force-Placed Insurance Class Action Lawsuit.
According to the lawsuit, charged customers an excessive rate for home force-placed insurance coverage, while the financial institution received “kickbacks.” PNC denies all acts of wrongdoings, however, to avoid the further cost and risk of litigation, PNC has decided to settle the class action lawsuit. So if you qualify, file a claim by 6/08/2016 to receive your potential award!
PNC Bank Force-Placed Insurance Class Action Lawsuit:
- PNC Bank Claim Form
- Claim Form Deadline: 6/08/2016
- Who’s Eligible: Class Members who made, at least, one full monthly mortgage payment to PNC and were charged for force-placed insurance between Jan. 1, 2008 and Sept. 30, 2015. According to the settlement, this includes more than 130,000 borrowers.
- Estimated Amount: Varies.
- Proof of Purchase: Yes, Class Members must submit a valid Claim Form and answer the questions truthfully under penalty of perjury.
- Case Name & Number: Enrique Montoya, et al. v. PNC Bank N.A., et al., Case No. 1:14-cv-20474-JG, in the U.S. District Court for the Southern District of Florida
How to File a Claim:
- Head on over to the PNC Bank Force-Place Insurance Claim Form.
- Read over the claim form to make sure that you qualify.
- Fill you the claim form with your information which includes your name, address, DOB, etc.
- File you claim by 6/08/2016 to receive your potential award!
Bottom Line:
For Class Members who made, at least, one full monthly mortgage payment to PNC and were charged for force-placed insurance between Jan. 1, 2008 and Sept. 30, 2015. According to the settlement, this includes more than 130,000 borrowers, you are eligible for a potential award from the PNC Bank Forced-Place Insurance Class Action Lawsuit! If you qualify, you must file your claim by 6/08/2016 in order to receive benefits from the lawsuit! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!
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