Posted September 17, 2020
GAP Provider Liability Realignment
Allstate Fire & Casualty Insurance had deemed our client’s 2018 Toyota Corolla a Total Loss and offered him a settlement of $12,642.06. The Allstate Fire & Casualty settlement pass through GAP Provider deductions left our client with a $1,894.00 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $16,723.13. The revised settlement satisfied our client’s $1,894.00 liability and reduced the GAP Provider liability $470.86 or 60.3%.
Net settlement increase was $4,081.07 or 32.3%