Posted August 31, 2019
GAP Provider Liability Realignment
USAA Insurance had deemed our client’s 2016 Mercedes Benz GLE350 a Total Loss and offered him a settlement of $23764.94. The USAA settlement pass through GAP Provider deductions left our client with a $1,011.00 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $27,466.69. The revised settlement satisfied our client’s $1,011.00 liability and reduced the GAP Provider liability $1,319.38 or 70.4%.
Net settlement increase was $3,701.75 or 15.6%