Posted March 6, 2020
GAP Provider Liability Realignment
Liberty Mutual Insurance had deemed our client’s 2018 Nissan Murano a Total Loss and offered her a settlement of $20,495.42. The Liberty Mutual settlement pass through GAP Provider deductions left our client with a $1,151.00 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $23,627.55. The revised settlement satisfied our client $1,151.00 liability and reduced the GAP Provider liability $1,296.53 or 19.2%.
Net settlement increase was $3,132.13 or 15.3%