Posted December 5, 2019
GAP Provider Liability Realignment
Imperial Fire and Casualty Insurance had deemed our client’s 2016 Nissan Murano a Total Loss and offered him a settlement of $18,660.00. The Imperial Fire and Casualty settlement pass through GAP Provider deductions left our client with a $645.00 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $20,201.00. The revised settlement satisfied our client’s $645.00 liability and reduced the GAP Provider liability $487.80 or 4.2%.
Net settlement increase was $1,541.00 or 8.3%