Blue book
Term · Insurance and risk management · MLC-T-INS-000577
A commonly recognized publication or database that provides estimated market values for used vehicles, based on factors such as make, model, year, mileage, and condition. Insurance companies frequently refer to these guides, such as Kelley Blue Book, when determining the actual cash value of a vehicle for claims settlement purposes. It serves as a standard reference for vehicle valuation.
| Identifier | MLC-T-INS-000577 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000577",
"term": "Blue book",
"field": "Insurance and risk management",
"definition": "A commonly recognized publication or database that provides estimated market values for used vehicles, based on factors such as make, model, year, mileage, and condition. Insurance companies frequently refer to these guides, such as Kelley Blue Book, when determining the actual cash value of a vehicle for claims settlement purposes. It serves as a standard reference for vehicle valuation.",
"url": "https://mlchart.com/terminology/insurance/blue-book/"
}
Record 339 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.