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Tennessee Farmers Mutual Settlement: Awaiting Court Approval

By Recording Law Editorial TeamReviewed September 9, 20268 min read

Frequently Asked Questions

Do I need to file a claim for the Tennessee Farmers Mutual settlement?

No. Payments in this settlement are automatic and pro rata, with no claim form required, according to the settlement terms. If you are a class member, you do not need to submit anything to be considered for payment.

What is the Tennessee Farmers Mutual settlement about?

It resolves Weyant v. Tennessee Farmers Mutual Insurance Company, a lawsuit alleging TFMIC underpaid actual cash value on vehicles it declared total losses on first-party auto claims between September 26, 2017 and April 7, 2026.

Has the Tennessee Farmers Mutual settlement been approved?

Not as of September 9, 2026. The final approval hearing was held on August 14, 2026 in the Circuit Court of Montgomery County, Tennessee, and no ruling has been posted since. No payments go out until the judge signs off.

How much will I get from the Tennessee Farmers Mutual settlement?

There is no confirmed per-person amount. Payments come from a $5,850,000 fund split pro rata among class members, and the settlement terms describe the amounts as estimates that may be adjusted based on fees, costs, and the number of valid claims.

What does October 19, 2026 mean for this settlement?

That is not a claim deadline. It is the last day to elect electronic payment, through Venmo, Zelle, PayPal, or a similar service, instead of a paper check. Doing nothing by that date does not remove you from the class; you will simply be paid by check.

Can I still opt out of the Tennessee Farmers Mutual settlement?

No. The exclusion deadline was July 22, 2026, and it has passed. If you did not request exclusion by that date, you remain a class member and cannot opt out now.

What proof do I need to submit for this settlement?

None. The settlement record confirms there is no proof requirement, since payment is automatic based on TFMIC's own claim records rather than documentation you submit.

Who is administering the Tennessee Farmers Mutual settlement?

Kroll Settlement Administration is the court-appointed administrator handling this case, case number CC23CV2140 in the Circuit Court of Montgomery County, Tennessee.

Is a text or email about this settlement asking me to confirm payment details legitimate?

Be cautious. Because this settlement pays through apps like Venmo, Zelle, and PayPal and its official site uses a generic name, it is an easy target for imitation. Reach the official site directly rather than through a link in an unsolicited message.

How to tell a settlement notice is real

Check the case name, case number, and court against the official settlement site. Go to that site directly instead of clicking a link in an email or text. Nobody legitimate will call, text, or email out of the blue asking for your Social Security number, bank account, or card details, and nobody will charge you to file. Report anyone who does at ReportFraud.ftc.gov.

Informational only. Not legal, tax, or financial advice, and not affiliated with any settlement.

RecordingLaw.com is an independent legal-information publisher. We are not a law firm, not a settlement administrator, and not affiliated with, endorsed by, or acting on behalf of any court, government agency, defendant, or claims administrator described on this page. Reading this page does not create an attorney-client relationship.

We do not process claims and we never collect your claim information. You cannot file a claim on RecordingLaw.com. To file, opt out, object, or check your status, use only the official settlement administrator identified above. We link to it for your convenience.

Filing a legitimate claim is free. No legitimate settlement or administrator will charge you a fee to file, or ask for your Social Security number, bank, or card details by unsolicited call, text, or email. If someone does, it is likely a scam. Report it at ReportFraud.ftc.gov.

Deadlines, amounts, and approval status change and are set by the court. We verify against the official administrator and court records, but confirm the current details on the official site before acting. Nothing here guarantees eligibility, a payment, or any amount. Settlement payments may be taxable. See IRS Publication 4345. and consult a tax professional. For advice about your specific situation, consult a licensed attorney in your state. Affiliate disclosure.

Updates

Updated settlement status and dates: Title '(Weyant)' carried no status now now states the current posture, awaiting court approval

Sources and References

  1. Weyant v. Tennessee Farmers Mutual Insurance Company, official settlement website(autoinsuranceclaimsettlement.com)
  2. Tennessee Department of Commerce and Insurance, file an insurance complaint(tn.gov).gov
  3. IRS, Tax implications of settlements and judgments(irs.gov).gov
  4. FTC Consumer Advice, Mobile Payment Apps: How to Avoid a Scam When You Use One(consumer.ftc.gov).gov
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