Migliaccio & Rathod LLP is investigating companies providing home insurance for quietly downgrading coverage mid-policy.
What Homeowners Report
Policyholders say major carriers (Progressive, State Farm, Travelers) have:
- Swapped replacement-cost value (RCV) for actual-cash-value (ACV), applying depreciation to roofs and other structures.
- Added percentage-based wind/hail deductibles (1%-5%) that dramatically raise out-of-pocket costs.
- Buried changes in routine renewal packets or auto-pay emails while treating continued payment as “consent.”
Why Homeowners Should Be Concerned
Unannounced downgrades and hard-to-spot deductibles may violate state insurance notice rules, unfair-trade laws, and the covenant of good faith. Consumers reasonably expect the same or better protection they initially purchased, not diminished benefits without clear, affirmative approval.
Signs You May Be Affected by Coverage Downgrades
- Your claim was paid on a depreciated (ACV) basis when you expected RCV.
- Your wind/hail deductible switched from a flat dollar amount to a % of Coverage A.
- You never signed or clicked an explicit opt-in to these changes.
If your coverage was shorted or your deductible spiked without clear notice, contact [email protected] or (202) 470-3520 for a free case review.