Whether you’ve always been a car aficionado or have recently become a classic car enthusiast, understanding the difference between stated value and agreed value in your insurance policies in Matthews, NC is essential. Knowing how your classic car insurance policy works is a way to ensure your investment is protected, whether you’re in an accident or storing your vehicle during the off-season. At Jim Boyce Insurance, we can help you understand your options to protect your classic collectibles for years to come.<\/p>\n
When it comes to classic car insurance policies, stated value policies allow the owner of a vehicle to declare the estimated value of the vehicle they own. There are limitations you’ll want to remember if you’re considering a state coverage policy, including:<\/p>\n
Agreed value policies include input from both the policyholder and the insurance agency, determining the value of a particular vehicle together. Notable advantages of an agreed value coverage policy include:<\/p>\n
Understanding the difference between the stated and agreed values is imperative whenever you plan to invest in a new classic or collectible vehicle. If you’re interested in assessing existing insurance policies for your classic car or in a reliable appraisal of your most prized possession, we can help. Contact Jim Boyce Insurance in Matthews, NC, today to determine if a stated or agreed-upon value policy is right for your collectible or classic car.<\/p>\n","protected":false},"excerpt":{"rendered":"
Whether you’ve always been a car aficionado or have recently become a classic car enthusiast, understanding the difference between stated value and agreed value in your insurance policies in Matthews, NC is essential. Knowing how your classic car insurance policy works is a way to ensure your investment is protected, whether you’re in an accident […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[15,14,5,11,16],"class_list":["post-235","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-agreed-value","tag-classic-car","tag-jim-boyce-insurance","tag-matthews-nc","tag-stated-value"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t