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 Posted: Tue Nov 11, 2008 7:32 am Post subject: The insurance company used this CCC to figure the market val |
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| The insurance company used this CCC to figure the market value of my truck. The info used was false and the way I see it, done so with the intent to rip me off. How can I use or where can I find the same formula that this so called independent CCC uses? I think I should be able use this formula myself. In fact I think I should be able to see the information used to come up with this formula. Am I wrong? |
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STUCKinLODI
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Joined: 30 Oct 2008
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| Posted: Tue Nov 11, 2008 11:30 am Post subject: |
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No you're not wrong...what you need to do is go line by line and make sure they have everything regarding your truck is correct... | Quote: | | The info used was false |
What is ''false'' about it... | Quote: | | In fact I think I should be able to see the information used to come up with this formula |
The formula is all the options, and condition ratings...did you check all the 'comps' did you call any of them to make sure the prices are correct...have you done your own market survey? did they value this based on where you live or where you are?
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"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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Location: Missouri
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| Posted: Tue Nov 11, 2008 11:39 am Post subject: |
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| The insurance company may not divulge the exact formula that they have used in computing the value of the car, but you may always ask for the evaluation sheet to check the calculation. |
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JeremyHolter
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| Posted: Tue Nov 11, 2008 11:45 am Post subject: |
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| Quote: | | The insurance company may not divulge the exact formula that they have used in computing the value of the car |
Not so Jeremy they MUST tell him exactly how they came up with the value, if he asks..period
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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| Posted: Tue Nov 11, 2008 12:25 pm Post subject: |
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This News story from a few years ago may be of help.
FK,
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FK
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| Posted: Tue Nov 11, 2008 12:34 pm Post subject: |
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Hi Fred how are you? Good to see you....I don't know ONE adjuster that is forced to use CCC that doesn't hate it....do you know how these cases ended? Verdict or awards?
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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Location: Missouri
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| Posted: Tue Nov 11, 2008 3:31 pm Post subject: |
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Here's a similar one in a different State that also referenced one in California.
FK,
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FK
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Location: Pa.
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