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The Arch Barn, Jury Hill Farm, Worcester, North ants, NN12 7 TB 0844 824 1130 www.hagertyinsurance.co.uk AGREED VALUE AND MILEAGE DECLARATION FORM policyholder NAME: POLICY NUMBER: AGREED VALUE Your
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How to fill out Hagerty agreed value and:

01
Gather the necessary information: Before filling out the Hagerty agreed value form, make sure you have all the required details. This may include information about the vehicle, such as its make, model, year, VIN (Vehicle Identification Number), current mileage, modifications, and other relevant factors.
02
Assess the vehicle's condition: Evaluate the overall condition of the car to determine its agreed value. Consider factors like any restored or original parts, any custom modifications, and the overall mileage. Take note of any unique or valuable features that may affect the vehicle's worth.
03
Evaluate its current market value: Research the current market value of your vehicle to have a better understanding of its worth. Factors such as the car's rarity, demand, historical significance, and condition can impact its value. You can refer to resources like classic car price guides, auctions, or consult with professionals to get an accurate estimate.
04
Determine the agreed value: After considering all the relevant factors, decide on the value you would like to insure your car for. This value should reflect the amount you would expect to receive if the vehicle was stolen or severely damaged. It should be an amount that adequately covers the cost of repairs, replacement, or restoration.
05
Complete the Hagerty agreed value form: Fill out the Hagerty agreed value form accurately and provide all the necessary information. This form may ask for details about the vehicle, its condition, modifications, its intended usage, storage facilities, and other related information. Double-check all the provided information to ensure its accuracy before submitting it.

Who needs Hagerty agreed value:

01
Classic car owners: Hagerty agreed value insurance is particularly useful for owners of classic or collectible cars. These vehicles often have unique characteristics or historical significance, making their value difficult to determine using standard market values. Agreed value coverage helps ensure that in the event of damage or loss, owners are adequately compensated based on their car's true worth.
02
Modified car owners: If you have customized or significantly modified your vehicle, its value may diverge significantly from its standard market value. Agreed value insurance accounts for these modifications and ensures that you will be reimbursed appropriately based on your vehicle's unique features.
03
High-value car owners: Owners of high-value cars, whether they are modern exotics or vintage classics, can benefit from Hagerty agreed value insurance. These vehicles often have fluctuating values and may appreciate over time. Agreed value coverage allows owners to insure their cars for their desired worth, providing better protection against potential losses.
In summary, anyone who owns a classic car, has made modifications to their vehicle, or owns a high-value car can benefit from filling out the Hagerty agreed value form and obtaining agreed value insurance. By accurately assessing and insuring the vehicle's worth, owners can have peace of mind knowing they will be appropriately compensated in the event of a loss or damage.
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Hagerty agreed value is the amount that Hagerty Insurance Agency agrees to pay out in the event of a total loss of your insured vehicle.
Hagerty agreed value is typically filed by individuals who have classic or collector cars that are insured through Hagerty Insurance Agency.
To fill out Hagerty agreed value, you need to provide detailed information about your vehicle including its condition, mileage, modifications, and any appraisals.
The purpose of Hagerty agreed value is to ensure that classic and collector cars are insured for their true value, rather than just their depreciated market value.
Information such as the make, model, year, condition, modifications, and appraisals of the insured vehicle must be reported on Hagerty agreed value form.
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