Settlement Benefits

Eligible Class Members who timely file a completed claim form will be paid additional General Damage payment under there UM/UIM coverage based on the following formula:

The amount of General Damages previously paid by Grange for the Class Members' UM/UIM Bodily Injury Claim will be divided by .87. The result of that calculation will then be decreased by the amount of General Damages Grange previously paid.

For example, if your prior UM/UIM paid by Grange was $10,000 and the General Damages portion of that payment was $7,000 then the cash payment would be $7,000/.87 = $8,045.98 - $7,000 = $1,045.98.

You may not be entitled to payment or your payment may be less if the total amount previously paid to you or others for bodily injury claims plus the amount you would get under the settlement would exceed the policy limits for a single claimant or for payments to all claimants.

Settlement payments will also be limited by the terms of the auto policy involved. If the total amount needed to pay valid claims exceeds $5,473,248, each Class Members' payment will be reduced and paid in proportion to all Class Members' payments.