Agreed value is an insurance term you'll encounter while shopping for classic car insurance. It refers to the value of your collector car as you and your insurer agreed upon. If your car is totaled, you'll …

Aug 4, 2025 · Agreed value insurance policies aren’t common, but they are most often used to insure classic or antique cars whose estimated market value can’t easily be determined. To purchase an …

What is Agreed Value? Alternatively, Agreed Value, coverage primarily offered by specialty insurers, is based on the proven value of your car as determined by you and the insurance company, according …

Sep 15, 2025 · Agreed value car insurance is a policy where you and the insurer agree on the value of the covered vehicle. The item is guaranteed to be insured up to that fixed amount if you need to …

Dec 1, 2025 · Agreed value insurance sets coverage with your insurer after an appraisal, while stated value is what you choose with documentation. These options often provide better protection for …

Discover the 10 best auto insurance companies that offer agreed value from Hagerty, American Modern, and Safeco, starting at just $38 per month. Request quote now.

Mar 16, 2025 · Learn how agreed value in insurance works, including its legal basis, common uses, calculation methods, key components, and claims process.

Dec 29, 2025 · Agreed value insurance is a type of coverage where you and your insurance company agree on your car’s value before a loss occurs. If your car is totaled or stolen, you’ll receive that pre …

At the time you purchase an agreed value insurance policy, you and your insurer agree on a set amount that acts as the value of whatever property you’re insuring. When the time comes for you to make a …

Mar 26, 2025 · With an agreed value policy, you and your insurer will decide on the payout amount you’d receive if your car is stolen or written off after an accident when you take out your car insurance …