Posted August 11, 2020
GAP Provider Liability Realignment
USAA Insurance had deemed our client’s 2019 Toyota Avalon a Total Loss and offered him a settlement of $25,548.19. The USAA settlement pass through GAP Provider deductions left our client with a $1,428.00 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $32,010.83. The revised settlement satisfied our client’s $1,428.00 liability and reduced the GAP Provider liability $3,696.38 or 50.2%.
Net settlement increase was $6,462.64 or 25.3%