Agreed Value gives you peace of mind that the true value of your vehicle has been assessed at the outset of your policy.
Your policy will be issued on a Market Value basis unless you choose the Agreed Value option.
Market Value means if your vehicle is lost or totally destroyed, you will be paid out the value of the vehicle at the time of the claim in line with current market trends, this could be more or less than the value you have stated.
Agreed Value gives you peace of mind that the true value of your vehicle has been assessed at the outset of your policy. You have the certainty that you will be paid out the amount stated regardless of the market value at the time of the loss. The maximum amount you will be paid out will be the Agreed Value stated, regardless of the market value at the time of the loss.
It is important that you check the value of your vehicle regularly to ensure that this is up to date and in line with current market trends. If the value is not kept up to date this may result in you not receiving the true value of your vehicle in the event of a claim.
Cover provided by Ageas Insurance Limited.
Prices for classic cars and bikes from £12
Available for the following policies:
Significant Exclusions and Limitations: