What is CCC car value

So, what is a CCC report? It's simply a market valuation that is used by insurance company's to help adjusters get claims settled. You don't have to accept the amount that CCC says your vehicle is worth.

What is a CCC in a car?

CCC is short for China Compulsory Certification scheme which requires manufacturers of automotive components to obtain approval for their parts before incorporating them into vehicles being sold into China. Similarly Vehicle manufactures must have entire vehicles CCC certified before sending them to China for sale.

What does CCC stand for in claims?

Care, custody, or control (CCC) is a term that prevents an insured individual from claiming compensation on property not owned by them that was damaged while in their care. General liability policies typically cover property that is owned by the insured party and not third-party property.

What is a CC report?

The CC Commission Receivables report shows the amount owed from providers for invoiced plastic items sold by the agency. It does not include form-of-payment cash or receivables items because those items appear on the Travel Payables report and are amounts owed to the provider, which takes commissions up front.

What is a market valuation report?

Sale; the market valuation provides the current opinion of open market value and is then used to determine the onward recommended sale price for the property.