Quote:
Originally Posted by BoxMann
What does "agreed value" actually mean? I've heard that term, but how does it actually work?
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Basically that’s the figure both parties agree on when it comes to how much money can be sunk into the car for repairs, or in a total loss.
I have my Boxster and 911 on a Leland-West policy with 6000 and 3000 miles per year respectively, with occasional commuting. Boxster is at $12k and 911 at $55k, a touch over $91/mo.