Sponsored Links (Register now to hide all advertisements)
There is a difference in stated value and agreed value. If you have agreed value and the vehicle is totaled, the insurance company is suppose to pay the agreed value. If you have stated value, the vehicle will be depreciated. No matter how nice a guy or friend the agent is, with stated value, the adjuster will be completely in charge. Probably in any case, if there is any loop hole that they can get by without paying, they will use it no matter what you were told when you bought the policy.