Posted December 5, 2021
GAP Provider Liability Realignment
Geico Insurance had deemed our client’s 2020 Toyota Corolla a Total Loss and offered him a settlement of $19,385.38. Geico settlement pass through GAP Provider deductions left our client with a $4,108.00 lagging balance with their lender Toyota Motor Credit after the GAP Benefit payment.
We successfully settled the claim for $22,239.25.
Net settlement increase was $2,853.87 or 14.7%