Comprehensive and Collision cover the cost to repair or replace your RV if it is . Market Value — A base policy that pays the actual cash value of your RV at the . Agreed Value — Pays the value of your RV that you select at the start of your .

Many classic car policies sell stated value as if it was the same as "Agreed Value" . It is not! Stated Value policies pay the "Stated Value" or the "Actual Cash .

Jan 22, 2009 – The Stated Amount or; The cost to repair the covered auto not to exceed the " Stated Amount" or; The "Actual Cash Value. An Agreed Amount .

Auto policies are generally written on an Actual Cash Value basis, which . aircraft physical damage (or “hull”) policies are written on an Agreed Value basis. .

3 posts - 1 author - Last post: Apr 5Originally Posted by lancelot9898 Maine, who are you insured with? I just looked at my policy and it's an actual cash value policy with .

Feb 19, 2011 – An Agreed Value auto insurance policy may be right for you. . . It will pay the actual cash value of the car AND the difference between the .

The price or cost of repairs agreed to by the AD (auto damage) adjuster or . . the "gap" or difference, if any, between your car's actual cash value and what you .

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This coverage and the alternatives - like Stated Value - are explained fully .

S. Boat Saver and PWC policies are Actual Cash Value policies. Agreed Value - determined and agreed upon by both owner and insurance underwriter at the .

Aug 15, 2007 – Actual cash value is determined by taking the cost to repair or replace the . to re- address the agreed value and update the policy accordingly. .

3 posts - 2 authors - Last post: May 29, 2008I've got a 1991 34' Super Hawaii and have had great rates and coverage the last 4 years. My boat is in terrific shape 90% of it looks maybe 5 .

They are generally known as Actual Cash Value, Stated Value or Stated Amount and Agreed Value or Agreed Amount. Each of these three forms is different, .

Everyone knows what actual cash value (ACV) is, right? . replacement cost is greater than actual cash value, and that actual cash value must mean . Fair Plan (CalFair) agreed to pay covered losses at "actual cash value at the time of loss, .

Apr 7, 2011 – Actual Cash Value and Agreed Value are terms that refer to how the insurance company calculates what they will give you at the time of a loss. .

They are generally known as Actual Cash Value, Stated Value or Stated Amount and Agreed Value or Agreed Amount. Each of these three forms is different, .

10 posts - 6 authors - Last post: Jan 7, 2009I must be getting serious about my next RV as I'm shopping Insurance to see what it will really cost for coverage (my Trailer was so much .

A Boat Insurance policy can provide physical damage coverage on an Actual Cash Value (ACV) or an Agreed Amount Value basis. Both types of boat insurance .

To obtain agreed value, the insured must submit a statement of values listing the actual cash value of the property at risk or in the case of replacement cost .

Dec 14, 2010 – Agreed Value (or Stated Value) is agreed upon by the insurance . In contrast, Actual Cash Value or (ACV) coverage will be subject to .

22 posts - 15 authors - Last post: May 18, 2009He has the boat for 5 years and it is totaled. Under the agreed policy, he will receive $15000, regardless what the actual cash value of the .

All Inland Marine policies are issued on an Actual Cash Value basis, unless . by endorsement include Replacement Cost, Stated Amount, or Agreed Value. .

Mar 9, 2010 – A homeowners' policy versus a stand-alone boat policy; Agreed value versus actual cash value; What coverages mean at claim time; The .

These include: the Agreed Value Policy, the Actual Cash Value Policy, and Replacement Value Policy. The best type of coverage contract that you can enter into .

Find out about our boat valuation methods for insurance. We can insure boats based on two valuation methods: Agreed Value and Actual Cash Value. .

Link to an article by Holly Bromberg about classic car insurance and the difference between "Actual Cash Value", "Stated Value" and "Agreed Value" .

Let's start with the lowest of the 3- Actual Cash Value (ACV) If a policy is written on an ACV basis, you will be indemnified for what the property is worth now - the .

9 posts - 8 authors - Last post: Apr 3, 2007I am having a hard time deciding if I should get my new boat insurance with Actual Cash Value or Agreed Value insurance. The premium .

Comprehensive and Collision coverages pay for the cost to repair or replace your boat . Actual Cash Value: With Actual Cash Value coverage, we pay either the . Agreed Value: With Agreed Value coverage, we pay the agreed value of your .

Actual Cash Value vs. Agreed ValueWhen purchasing marine insurance it is very important to know what type of policy you are getting - hence the old addage, .

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Feb 12, 2009 – One of the important things you should consider in getting marine insurance is whether to get Actual Cash Value or Agreed Value. .

Sep 11, 2011 – Actual Cash Value vs. Agreed Value When purchasing marine insurance it is very important to know what type of policy you are getting - hence .

The most significant difference between insurance policies is whether the loss settlement basis is "Agreed Value" or "Actual Cash Value." Agreed Value policies .

18 posts - 2 authors - Last post: Apr 5One of the questions I often get asked is what's the difference between Agreed Value and Actual Cash Value policies? The primary.

Value is always specific to a certain date and a stated purpose and will vary . to a depreciated value, which insurance companies call "actual cash value" and . Under agreed value policies, the amount that will be paid in case of loss is .

These policies are handled on a case by case basis and even Agreed Value Contracts . It is NOT a Specific Actual Cash Value, but more an average value of a .

Insurance policies come in three main forms: Actual Cash Value, Stated Value and Agreed Value. It is important to understand each of these before you choose .

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Jan 31, 2011 – Home Money Matters Insurance Insurance Policy Valuation: Replacement, Actual Cash Value or Agreed Value, Which is best? .

Agreed value - The policy covers your boat for a value you and your agent agree . agreed value because it provides fuller protection than an actual cash value .

ACTUAL CASH VALUE: The sum of money required to pay for damages or lost . the agreed value option is used the coinsurance requirement is removed and .

Anyone can buy a car insurance policy with an agreed value instead of an actual cash value. Depending on the age and model of your car, an agreed value car .

What is Agreed Value Coverage. Agreed Amount (or Agreed Value). Actual Market Value. Actual Cash Value (ACV). Stated Amount (or Stated Value).

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2 answers - Jan 19, 2010Top answer: In classic cars, agreed value means the ins. com. will pay in this case $52000 if they total it. Cash value means they pay what others in your area are .

Q: What is Agreed Value vs Stated Value or Actual Cash Value? A: Agreed Value insurance policies guarantee that, in the event of a covered total loss, you will .

Hull Coverage: Agreed Value vs. Actual Cash Value. Agreed Value is the fair market value that is agreed upon by you, the insured, and the insurance company. .

Dec 9, 2010 – Motor boat insurance is not required by very many states at all. Surprisingly, most people don't even think about insuring their boat unless they .

State insurance regulatory agencies are also a good reference and can be found online. #4 Agreed Value vs. Actual Cash Value: These are the two main .

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