Posted July 15, 2021
Geico Insurance had deemed our client’s 2019 Chevrolet Cruze a Total Loss and offered her a settlement of $14,379.94. Geico settlement pass through GAP Provider deductions left our client with a $1,127.00 lagging balance with their lender GM Financial Acceptance after the GAP Benefit payment.
We successfully settled the claim for $17,778.34. The revised settlement satisfied our clients $1,127.00 liability and reduced the GAP Provider liability $451.56 or 64.8%.
Net settlement increase was $3,398.40 or 23.6%