Posted October 25, 2019
GAP Provider Liability Realignment
USAA Insurance had deemed our client’s 2018 Chevrolet Malibu a Total Loss and offered him a settlement of $16,892.17. The USAA settlement pass through GAP Provider deductions left our client with a $812.00 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $19,746.04. The revised settlement satisfied our client’s $812.00 liability and reduced the GAP Provider liability $1,404.67 or 26.2%.
Net settlement increase was $2,853.87 or 16.9%