Geico Insurance had deemed our client’s 2018 Chevrolet Sonic a Total Loss and offered him a settlement of $9,709.19. Geico settlement pass through GAP Provider deductions left our client with a $2,911.00 lagging balance with their lender Wells Fargo after the GAP Benefit payment.
We successfully settled the claim for $12,889.25. The revised settlement satisfied our clients $2,911.00 liability and reduced the GAP Provider liability 269.06 0r 3%.
Net settlement increase was $3,180.06 or 32.8%