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This refers to the printed book or writing of auto insurance. It is primarily used for the purpose of determining the actual market value of fairly used cars and trucks that have auto insurance coverage.
The value of the automobile or car as determined by the book is the same as that computed and indemnified to the policyholder for an accident resulting in the damage of the car or truck.
The blue book often helps in keeping the right record and value of the insured car or truck. The book is always safely kept for future references in the event of an accident resulting in car damage.
The value of the automobile or car as determined by the book is the same as that computed and indemnified to the policyholder for an accident resulting in the damage of the car or truck.
The blue book often helps in keeping the right record and value of the insured car or truck. The book is always safely kept for future references in the event of an accident resulting in car damage.
Posted in: Glossary of Auto Insurance (B)
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