Posted October 15, 2020
GAP Provider Liability Realignment
USAA Insurance had deemed our client’s 2017 Ford Escape a Total Loss and offered him a settlement of $14,262.04. The USAA settlement pass through GAP Provider deductions left our client with a $497.00 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $16,612.15. The revised settlement satisfied our client’s $497.00 liability and reduced the GAP Provider liability $1,318.91 or 33.6%.
Net settlement increase was $2,350.11 or 16.5%