Agreed value is Guaranteed value per their website:
Guaranteed Value
We understand the value of your car. With Hagerty, securing coverage for the
true value of your car is a simple process. We start with an Agreed Value
policy, then we guarantee it. That is, webll agree on the insured value, and
in the event of a covered total loss, youbre guaranteed to receive that
amount. Period.
This sets Hagerty apart from companies who offer b Actual Cash Valueb or
b Stated Valueb policies, which may depreciate your vehicle in the event of
a claim.
Craig H. Nicholls
1972 Triumph TR6
Aug 1, 2011 02:52:41 PM, rpeglow@optonline.net wrote:
I have had quotes from AARP and they were always higher than State Farm.
Could be due to discount having homeowner policy with them as well, don't
know??
TR6 is insured with Hagerty, ZERO deductibles.
Vehicle coverage says GUARANTEED value (not stated, or agreed), anyone
familiar with that?
Regards,
Bob
triumphs@autox.team.net
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