Progressive Insurance (agreed value)
Have been with Progressive for 7 yrs. No claims. Premium always went up a little each year. This year its up $200.00. I have agreed value of $75,000 in comprehensive and collision. This is where the...
Forum Discussion
Biggyniner wrote:
Depends how you insure it. I have mine insured for 10k. If I would let them do Book value it would be half of that and my premium would be much lower. This is through Progressive. If it's totaled they will pay me the 10k.
I have Progressive on my C also. My policy limits are similar to this and written exactly like this. The policy also states the maximum payoff limit on the policy. No fine print, plain and simple.
Brian
