State Farm New Mexico $20.93M Settlement: U Coverage Class Action — File Your Claim by July 2, 2026

# State Farm New Mexico $20.93M Settlement: U Coverage Class Action — File Your Claim by July 2, 2026

> **Quick answer:** State Farm agreed to a $20.93 million settlement resolving allegations it improperly reduced underinsured motorist (U coverage) payouts to New Mexico policyholders from 2010 to 2021. If you held a qualifying State Farm auto policy in New Mexico during that period, you may be entitled to up to 21% of the premiums you paid. The deadline to file a claim is **July 2, 2026**.

The State Farm New Mexico $20.93M settlement is one of the more significant insurance class action resolutions of 2026, and if you were an auto policyholder in New Mexico at any point between 2010 and 2021, you need to know whether you qualify — and act before the July 2, 2026 deadline closes.

*This article is for informational purposes only and does not constitute legal or financial advice. Consult a qualified attorney for legal matters.*

## What Is the State Farm New Mexico U Coverage Settlement?

The case is formally known as **Schwartz v. State Farm Mutual Automobile Insurance Co., et al.**, Case No. 18-CV-00328-KWR-SCY, filed in the United States District Court for the District of New Mexico.