Posted October 26, 2020
GAP Provider Liability Realignment
Esurance Insurance had deemed our client’s 2016 Toyota Corolla a Total Loss and offered him a settlement of $10,698.73. The Esurance settlement pass through GAP Provider deductions left our client with a $2,109.00 lagging balance with their lender after the GAP Benefit payment.
We successfully settled the claim for $14,341.21. The revised settlement satisfied our client’s $2,109.00 liability and reduced the GAP Provider liability to Zero.
Net settlement increase was $3,642.48 or 34.0%