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2014 Mercedes Benz C250Posted August 26, 2019

GAP Provider Liability Realignment

Geico Insurance had deemed our client’s 2014 Mercedes Benz C250 a Total Loss and offered him a settlement of $13,413.70. The Geico settlement pass through GAP Provider deductions left our client with a $1,883.40 lagging balance with their lender after the GAP Benefit payment.

We successfully settled the claim for $16,236.13. The revised settlement satisfied our client’s $1,883.40 liability and reduced the GAP Provider liability $307.75 or 3.9%.

Net settlement increase was $2,822.43 or 21.0%