Progressive Insurance had deemed our client’s 2002 Ford F-350 a Total Loss and offered a settlement of $14,725.46
We successfully settled the claim for a settlement of $18,062.50
Net settlement increase was $3,337.04 or 22.7%.
Our client’s 2022 GMC Sierra 1500 was damaged. Our client filed a collision claim with their carrier Progressive Insurance for the loss. Progressive issued a loss statement/repair estimate for $13,000.72 before the deductible. Our client’s collision facility issued a preliminary loss statement/repair plan for $17,274.02 to return 2022 GMC Sierra 1500 to its pre-loss condition. Our client came to us for assistance with the $4,273.30 under-indemnification and out-of-pocket expense to safely return their vehicle to its pre-loss OEM condition.
As a result of going through the appraisal process in the policy, Vehicle Value Experts came to a binding agreement with the Progressive independent 3rd party appraiser for $16,539.40 as the loss statement/ repair cost to return our clients 2022 GMC Sierra 1500 back to its pre-loss condition.
The final binding agreement between the unbiased independent appraisers identified an under-indemnification of the loss of $3,759.84 or 27.2% from the Progressive loss statement/repair estimate of $13,000.72. Through the invoking of the Progressive policy right of appraisal our client has been made whole for their loss with no out-of-pocket expense other than their deductible.
GAP Provider Liability Realignment
State Farm Insurance had deemed our client’s 2021 Honda Odyssey a Total Loss and offered a settlement of $37,255.54
We successfully settled the claim for $41,719.31. The revised settlement reduced the GAP Provider liability $1,754.19 or 33.1%.
Net settlement increase was $4,463.77 or 12.0%
GAP Provider Liability Realignment
Progressive Insurance had deemed our client’s 2019 Hyundai Tucson a Total Loss and offered a settlement of $15,880.16
We successfully settled the claim for $19,745.34. The revised settlement reduced the GAP Provider liability $298.58 or 100.0%.
Net settlement increase was $3,865.18 or 24.3%
GAP Provider Liability Realignment
Progressive Insurance had deemed our client’s 2019 Jeep Cherokee a Total Loss and offered a settlement of $23,442.80
We successfully settled the claim for $28,030.00. The revised settlement reduced the GAP Provider liability $1,791.66 or 46.7%.
Net settlement increase was $4,587.20 or 19.6%
Auto Claim Specialists, LLC
201 Main St
Suite 600
Fort Worth, TX 76102
Local: 817-756-5482
Toll Free: 800-736-6816
Fax: 866-550-0484
SMS: 817-242-6555