What is the car insurance valuation process?
The Car Insurance Valuation Process. When you report a car accident to your insurance company, the company sends an adjuster to assess the damage. The adjuster's first order of business is determining whether to classify the vehicle as totaled. An insurance company may consider the car to be totaled even if it can be fixed.
Can I challenge a vehicle valuation report issued by CCC?
Below is a sample vehicle valuation report issued by CCC. This total loss analysis is usually not a true reflection of your vehicle’s actual cash value. To challenge the carrier’s report, you must provide one of your own. Order a claim review today and find out if the insurer’s offer is truly fair.
What is a car valuation and why is it important?
A car valuation can give you a better understanding of whether to sell your car privately or trade it in for a new one at a dealership. It could help you compare your car’s market value with what a dealer is offering, to help you decide which option will be more financially viable for you.