Just don't confuse "Agreed Value" with "Actual Cash Value". Two VERY different terms.
"Agreed" means you and insurance company agree ahead of time what the value is in case of a total loss.
"Actual" means whatever low priced piece of junk that sold recently anywhere in the country, that the insurance company can find that is the same year and model as yours will equal the "actual" value. That is, unless you follow the advice from Les posted above. Otherwise, it will you be to you to prove the insurance company wrong on the "actual value". Jim
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