$5.85M Tennessee Farmers Mutual Insurance Total Loss Settlement, Are You Owed a Payment?

Prepared by the AllAboutLawyer.com Editorial Team and reviewed for factual accuracy against official court records and the settlement administrator website on May 9, 2026. Last Updated: May 9, 2026

The Tennessee Farmers Mutual Insurance total loss settlement is a $5,850,000 breach of contract class action where eligible Tennessee policyholders whose vehicles were totaled between September 26, 2017 and April 7, 2026 will receive an automatic cash payment — no claim form required. The lawsuit, Weyant v. Tennessee Farmers Mutual Insurance Co., Case No. CC23CV2140, alleges the company underpaid total loss claims by using a “typical negotiation adjustment” that reduced what policyholders received below their vehicles’ actual cash value. Tennessee Farmers Mutual denies any wrongdoing.

Quick Facts — Tennessee Farmers Mutual $5.85M Settlement

Field	Detail
Settlement Amount	$5,850,000
Claim Deadline	No claim form required — payments are automatic
Who Qualifies	Tennessee policyholders who had a first-party total loss auto claim between Sept. 26, 2017 and April 7, 2026, where an autosource report applied a typical negotiation adjustment
Payout Per Person	TBD — pro rata from the net settlement fund
Proof Required	No — administrator uses company records
Settlement Status	Preliminarily Approved
Administrator	Kroll Settlement Administration
Official Website	autoinsuranceclaimsettlement.com
Last Updated	May 9, 2026

Current Status of the Tennessee Farmers Mutual Case

• The settlement has received preliminary approval from the court. The Final Approval Hearing is scheduled for August 14, 2026 at 9:00 a.m.
• The opt-out and objection deadline is July 11, 2026 — if you want to preserve the right to sue separately, you must act before that date.
• Payments go out automatically to the last known address on file approximately 90 days after final approval and resolution of any appeals. If you want electronic payment instead of a check, you must elect that option by October 19, 2026 (the electronic payment portal is not yet open as of this writing).

What Is the Tennessee Farmers Mutual Lawsuit About? Weyant v. Tennessee Farmers Mutual Insurance Co., No. CC23CV2140

When your car gets totaled, your insurance company owes you the vehicle’s actual cash value — what that specific car was realistically worth the day before the accident. Tennessee Farmers Mutual calculated that figure using an autosource report, which finds comparable vehicles for sale in the area to establish a market price for your car.

The lawsuit alleges the company did not stop there. According to plaintiffs, Tennessee Farmers then applied what the industry calls a “typical negotiation adjustment” — a deduction that assumed buyers and sellers always negotiate the price down before closing a deal. The result, plaintiffs say, was a lower payout than policyholders were entitled to under their own insurance contracts. This is the same type of adjustment currently at the center of similar auto insurance underpayment lawsuits across the country — including a $15.6 million settlement against State Farm in Arkansas covered on AllAboutLawyer.com.

The alleged violation is a breach of contract under Tennessee law — the company is accused of paying less than what its own policies required. The case is filed in Tennessee state court. Tennessee Farmers Mutual denies all allegations and has not admitted liability.

Are You Part of the Tennessee Farmers Mutual Class Action?

You may be part of this class if:

• You held an auto insurance policy issued by Tennessee Farmers Mutual Insurance Co.
• You filed a first-party insurance claim on a vehicle that Tennessee Farmers declared a total loss
• Your claim was submitted between September 26, 2017 and April 7, 2026
• The total loss valuation used an autosource report that applied a typical negotiation adjustment to at least one comparable vehicle

You are likely NOT included if:

• Your total loss claim was handled under a different insurer — Tennessee Farmers Mutual is a separate company from national “Farmers Insurance” brand carriers
• Your claim fell outside the September 26, 2017 to April 7, 2026 date window
• You have already released your claims against Tennessee Farmers in a separate legal proceeding

Related article: Fitzgerald Wealth Management Data Breach Settlement, Check If Your Data Was Exposed and Claim Up to $3,580 Before August 4

The settlement administrator will identify class members using company records directly — you do not need to file anything to be found. If you received a mailed notice about this settlement, you are almost certainly included. If you are not sure, call Kroll at 833-447-6811 or visit autoinsuranceclaimsettlement.com.

How Much Will Tennessee Farmers Mutual Policyholders Receive?

The exact payout per person depends on two things: total valid class members identified and total deductions from the fund. Here is how the $5,850,000 breaks down:

• Attorneys’ fees: Up to $1,950,000 (one-third of the fund)
• Attorneys’ costs: TBD — pending court approval
• Settlement administration costs: TBD — pending determination
• Service award to class representative: Up to $5,000
• Payments to class members: The remainder, split pro rata

“Pro rata” means every eligible class member gets an equal share of whatever is left after those deductions. The final amount per person is not known until the court determines how many people are in the class. No portion of the fund returns to Tennessee Farmers Mutual — unclaimed or uncashed checks after the first distribution go back out to class members who cashed theirs, and any remaining balance after a second round goes to a court-approved nonprofit.

If you want a sense of how these auto total loss class action settlements typically resolve, the $1.2M State Farm Alabama total loss settlement on AllAboutLawyer.com offers a useful comparison for a smaller class.

How Payments Will Reach You — No Claim Form Required

This settlement is one of the few where you do not have to do anything to get paid — as long as your contact information is current. Here is what the process looks like:

Step 1 — The settlement administrator, Kroll Settlement Administration, identifies class members directly from Tennessee Farmers Mutual’s internal claim records.

Step 2 — After the court grants final approval on August 14, 2026 (and after any appeals clear), Kroll calculates the pro rata payment for each class member.

Step 3 — By default, Kroll mails a paper check to your last known address on file. If your address has changed, update it now by contacting Kroll at 833-447-6811, emailing through autoinsuranceclaimsettlement.com, or writing to: Weyant v. Tennessee Farmers Mutual Insurance, c/o Kroll Settlement Administration, PO Box 225391, New York, NY 10150-5391.

Step 4 — If you prefer electronic payment, you must elect that option by October 19, 2026. Payment options will include Venmo, Zelle, PayPal, and electronic funds transfer (ACH). The electronic election portal is not yet open — check the official settlement website for updates.

Estimated time to receive payment: Approximately 90 days after final court approval.

Tennessee Farmers Mutual Settlement — Key Dates

Milestone	Date
Class Period Opens	September 26, 2017
Class Period Closes	April 7, 2026
Preliminary Approval	Granted
Opt-Out Deadline	July 11, 2026
Objection Deadline	July 11, 2026
Final Approval Hearing	August 14, 2026 at 9:00 a.m.
Electronic Payment Election Deadline	October 19, 2026
Expected Payment Date	TBD — approximately 90 days after final approval and resolution of any appeals

Frequently Asked Questions

Is there a lawsuit against Tennessee Farmers Mutual Insurance for total loss underpayments?

 Yes. Weyant v. Tennessee Farmers Mutual Insurance Co., Case No. CC23CV2140, is a certified class action in Tennessee state court. It alleges the company breached its own insurance policies by using a typical negotiation adjustment to reduce actual cash value payouts on total loss claims. The $5.85 million settlement has received preliminary approval.

Do I need to do anything right now to be included? 

No. If you are a class member, Kroll Settlement Administration will identify you using Tennessee Farmers Mutual’s own records and mail a check to your address on file. The one thing you should do right now is make sure your mailing address is current with Kroll — especially if you have moved since filing your claim.

When will the Tennessee Farmers Mutual settlement pay out?

 Payments will go out approximately 90 days after the court grants final approval and resolves any appeals. The Final Approval Hearing is August 14, 2026. If no one appeals, payments could reach class members before the end of 2026 or in early 2027.

Can I file my own lawsuit against Tennessee Farmers Mutual instead? 

You can, but only if you formally opt out of this settlement by July 11, 2026. If you stay in the class — or simply do nothing — you give up the right to sue Tennessee Farmers Mutual separately for these same underpayment claims. Consult a private consumer rights lawyer before making that decision.

How will I know if the Tennessee Farmers Mutual case settles finally? 

Monitor autoinsuranceclaimsettlement.com for updates from Kroll. If the court approves the settlement on August 14, you should expect payment correspondence from Kroll within the following 90 days.

What is a “typical negotiation adjustment” and why is it at issue?

 It is a percentage deduction applied to comparable vehicle prices in an autosource valuation report, based on the assumption that real-world buyers negotiate the sticker price down. Plaintiffs argue this adjustment is not grounded in actual transaction data and results in policyholders receiving less than the true market value of their totaled cars — which is what their insurance policy requires the company to pay.

What if I no longer live in Tennessee or have moved since filing my claim?

 Your eligibility is based on the policy and claim — not your current address. Contact Kroll at 833-447-6811 to update your mailing information so your check reaches you.

Will my settlement payment be taxable? 

Payments from breach of contract settlements may or may not be treated as taxable income depending on individual circumstances. Consult a tax professional once you receive your payment to understand how it affects your specific filing.

Sources & References

• Official Settlement FAQ: autoinsuranceclaimsettlement.com/faq
• Official Long Form Notice: Weyant v. Farmers Insurance — Long Form Notice (PDF)
• Settlement Agreement: Weyant v. TFMIC Settlement Agreement (PDF)
• Case Docket: Weyant v. Tennessee Farmers Mutual Insurance Co., Case No. CC23CV2140, Tennessee State Court

Disclaimer: This article is for informational purposes only and does not constitute legal advice. Legal claims and outcomes depend on specific facts and applicable law. For advice regarding a particular situation, consult a qualified attorney.