Posted October 21, 2019
GAP Provider Liability Realignment
American Access Casualty Insurance had deemed our client’s 2015 Buick Lacrosse a Total Loss and offered her a settlement of $14,450.04. The American Access Casualty settlement pass through GAP Provider deductions left our client with a $1,437.00 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $17,910.00. The revised settlement satisfied our client’s $1,437.00 liability and reduced the GAP Provider liability $907.11 or 60.8%.
Net settlement increase was $3,459.96 or 23.9%