Posted February 10, 2021
GAP Provider Liability Realignment
Progressive Insurance had deemed our client’s 2015 Infinity Q50 a Total Loss and offered her a settlement of $17,003.63. Progressive settlement pass through GAP Provider deductions left our client with a $934.75 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $18,020.43. The revised settlement satisfied our clients $934.75 liability and reduced the GAP Provider liability $82.05 or 5%.
Net settlement increase was $1,016.80 or 6%