Wells Fargo Forced Placed Auto Insurance Class Action Lawsuit Investigation
Investigating a potential class action lawsuit against Wells Fargo and National General Insurance Company on behalf of the estimated 800,000 auto loan customers who were charged for Collateral Protection Insurance (CPI) auto insurance. It is alleged that Wells Fargo and National General refused to check if customers were already covered by the appropriate insurance, and instead force-placed coverage that was often more expensive than their existing insurance. It is further alleged that insurance payments would be automatically deducted from bank accounts and that Wells Fargo was receiving kickbacks from National General for these excessive and unneeded policies. If you received an auto loan through Wells Fargo and were charged for CPI auto insurance, please contact us.
Investigating a potential class action lawsuit against Wells Fargo and National General Insurance Company on behalf of the estimated 800,000 auto loan customers who were charged for Collateral Protection Insurance (CPI) auto insurance. It is alleged that Wells Fargo and National General refused to check if customers were already covered by the appropriate insurance, and instead force-placed coverage that was often more expensive than their existing insurance. It is further alleged that insurance payments would be automatically deducted from bank accounts and that Wells Fargo was receiving kickbacks from National General for these excessive and unneeded policies. If you received an auto loan through Wells Fargo and were charged for CPI auto insurance, please contact us.