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What is an agreed value?

agreed value
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What is an agreed value?

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The agreed value is the amount we agree to insure your vehicle for, this can change when you renew your policy. As the agreed value is the maximum amount we will pay for your vehicle in an event of a claim, it is important that the agreed value accurately reflects the value of your vehicle. Your certificate of insurance will show you your agreed value amount.

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An agreed value is the amount we agree to insure your vehicle for. This can change when your renew your policy. Your Certificate of Insurance will show this amount.

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