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Posted August 10, 2021

GAP Provider Liability Realignment

Geico Insurance had deemed our client’s 2020 Chevrolet Trax a Total Loss and offered her a settlement of $16,867.25. Geico settlement pass through GAP Provider deductions left our client with a $1,044.00  lagging balance with their lender GM Financial after the GAP Benefit payment.

We successfully settled the claim for $21,814.25. The revised settlement satisfied our clients $1,044.00  liability and reduced the GAP Provider liability $2,871.80 or 28.0%

Net settlement increase was $4,947.00  or 29.3%