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Re: Daily Driver Classic Insurance
Stated value is only applicable if someone hits you, they have insurance, and you can prove your cars worth. If you hit someone, your car is stolen, or an uninsured driver hits you then you get book value (Progressive is $600 on my truck).
My understanding is that agreed value is for classic insurance where you say your car is worth $35K, if they inspect/agree it is insured as such. If you daily drive your classic you can't get classic insurance.
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