GAP Provider Liability Realignment | Auto Claim Specialists

2020 Chevrolet Equinox
Total Loss

May 25, 2023 by Robert McDorman

GAP Provider Liability Realignment

Geico Insurance had deemed our client’s 2020 Chevrolet Equinox a Total Loss and offered a settlement of $24,497.53.

Geico settlement pass through GAP Provider deductions left our client with a $248.00 lagging balance with their lender TD Auto Finance after the GAP Benefit payment.

We successfully settled the claim for $27,309.43. The revised settlement satisfied our clients $248.00 liability and reduced the GAP Provider liability $757.95 or 39.3%.

Net settlement increase was $2,811.90 or 11.5%

2016 Infinity QX50
Total Loss

May 25, 2023 by Robert McDorman

GAP Provider Liability Realignment

State Farm Insurance had deemed our client’s 2016 Infinity QX50 a Total Loss and offered a settlement of $21,274.59

We successfully settled the claim for $24,693.37. The revised settlement reduced the GAP Provider liability $307.78 or 75.0%.

Net settlement increase was $3,418.78 or 16.1%

2020 Chevrolet Trax
Total Loss

May 23, 2023 by Robert McDorman

GAP Provider Liability Realignment

State Farm Insurance had deemed our client’s 2020 Chevrolet Trax a Total Loss and offered a settlement of $20,536.35

We successfully settled the claim for $23,699.31. The revised settlement reduced the GAP Provider liability $1,181.48 or 13.2%.

Net settlement increase was $3,162.96 or 15.4%

2021 Dodge Durango
Total Loss

May 22, 2023 by Robert McDorman

GAP Provider Liability Realignment

State Farm Insurance had deemed our client’s 2021 Dodge Durango a Total Loss and offered a settlement of $35,185.96

We successfully settled the claim for $41,582.00. The revised settlement reduced the GAP Provider liability $3,816.96 or 21.5%.

Net settlement increase was $6,396.04 or 18.2%

2021 Hyundai Sonata
Total Loss

May 22, 2023 by Robert McDorman

GAP Provider Liability Realignment

State Farm Insurance had deemed our client’s 2021 Hyundai Sonata a Total Loss and offered a settlement of $27,607.81

We successfully settled the claim for $31,532.92. The revised settlement reduced the GAP Provider liability $1,536.56 or 19.7%.

Net settlement increase was $3,925.11 or 14.2%

2021 Kia K5
Total Loss

May 17, 2023 by Robert McDorman

GAP Provider Liability Realignment

National General Insurance had deemed our client’s 2021 Kia K5 a Total Loss and offered a settlement of $19,628.96

We successfully settled the claim for $22,325.50. The revised settlement reduced the GAP Provider liability $1,389.92 or 75.0%.

Net settlement increase was $2,696.54 or 13.7%