Collector Car Insurance
By delaininsur90304164, Mar 31 2017 03:41PM
Collector car owners should always insure their vehicles with an Agreed Value policy. Agreed Value policies will pay the full agreed value if the vehicle is totaled. We represent companies that use Agreed Value policies.
Some agencies and companies use a Stated Value policy. Stated value policies pay on an actual cash value, up to the stated value. The actual cash value could be much less than the stated value! Don't make the mistake of buying a Stated Value policy!