# Agreed Value Auto

_Glossary_

Canonical: https://www.claimspages.com/learn/glossary/agreed-value-auto/

A classic or specialty auto policy that sets a fixed value for the vehicle in advance of a total loss.

Agreed value policies suit collector cars where market comps are difficult. Total loss pays the agreed amount without ACV dispute, subject to policy conditions and proof of value at inception.



A 1969 muscle car is insured for $85,000 agreed value; theft total loss pays $85,000 minus deductible.