Posted June 19, 2019

GAP Provider Liability Realignment

State Farm Insurance had deemed our client’s 2017 Ford Edge a Total Loss and offered her a settlement of $18,599.92. The State Farm settlement pass through GAP Provider deductions left our client with a $1,200.00 lagging balance with their lender after the GAP Benefit payment.

We successfully settled the claim for $21,100.83. The revised settlement satisfied our clients $1,200.00 lender liability and reduced the GAP Provider liability $746.51 or 7.5%.

Net settlement increase was $2,500.91 or 13.8%.

Posted June 18, 2019

GAP Provider Liability Realignment

State Farm Insurance had deemed our client’s 2018 Dodge RAM 3500 a Total Loss and offered him a settlement of $41,642.81. The State Farm settlement pass through GAP Provider deductions left our client with a $2,200.00 lagging balance with their lender after the GAP Benefit payment.

We successfully settled the claim for $54,081.50. The revised settlement satisfied our clients $2,200.00 lender liability and reduced the GAP Provider liability $7,797.29 or 66.5%.

Net settlement increase was $12,438.69 or 29.5%

Posted June 17, 2019

GAP Provider Liability Realignment

State Farm Insurance had deemed our client’s 2018 Honda Civic a Total Loss and offered him a settlement of $22,756.72. The State Farm settlement pass through GAP Provider deductions left our client with a $1,140.50 lagging balance with their lender after the GAP Benefit payment.

We successfully settled the claim for $29,707.16. The revised settlement satisfied our clients $1,140.50 lender liability and reduced the GAP Provider liability $3,995.74 or 72.8%.

Net settlement increase was $6,450.44 or 29%