Posted November 24, 2020
GAP Provider Liability Realignment
Redpoint County Mutual Insurance had deemed our client’s 2015 Honda Civic a Total Loss and offered him a settlement of $8,701.73. The Redpoint County Mutual settlement pass through GAP Provider deductions left our client with a $1,608.00 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $10,309.73. The revised settlement satisfied our client’s $1,608.00 liability.
Net settlement increase was $1,608.00 or 18.5%