CCC Valuescope (CCCG)

When in an auto accident we have insurance so that we can be made whole like the day before the accident, right? Wrong, if your insurance company uses CCC Valuescope to estimate the value of your vehicle. In the words of one insurer, " It is known fact throughout the insurance industry that CCC gathers its values from what car dealers would sell a vehicle for at basement wholesale prices, not the true "retail value of an auto of like kind and quality prior to the accident" as mandated by FL insurance regulations. Moreover CCC Valuescope uses a mix of vehicles formerly leased, used, and abused among wrecked cars when compiling valuations to afford their insurance company customers paying out total losses the lowest possible "values" to present their insured." http://ezinearticles.com/?CCC-Valuescope-and-USAA-Conspiring-to-Defraud,-Committing-RICO-Act-Violations?&id=1360684

See this interesting class action suit against them and more interestingly, see the comments below http://www.insurancejournal.com/news/midwest/2005/07/15/57309.htm An attorney sheds some further light on their practices here http://www.stephencryanpc.com/Articles.shtml

Save yourself a lot of greif. Since most insurance companies use them to determine your vehicles value in the event of an accident, do a search with CCC Valuescope and then the name of your insurance company. Example: CCC Valuescope, USAA It will let you know if they use them. If your insurance company uses them, you might want to change companies before a disaster strikes.

Sam