Raising the deductible always makes me a little anxious too, especially since my record isn’t exactly spotless. I’ve heard good things about agreed value policies for classics, though—supposedly you get a set payout if something happens, instead of fighting with the adjuster over what it’s “worth.” Not sure how that works up here with our weird weather and road conditions, but it seems like it could be less stressful than hoping you don’t need to file a claim. Anyone else find the agreed value route actually saved them money, or is it just about peace of mind?
I’ve heard good things about agreed value policies for classics, though—supposedly you get a set payout if something happens, instead of fighting with the adjuster over what it’s “worth.”...
Raising my deductible makes me nervous too, especially with Alaskan winters. I get what you mean about agreed value—having a set payout sounds less stressful. For me, it’s mostly about peace of mind, not really saving money. My rates didn’t drop, but at least I know what I’d get if something happened. With all the moose and ice, that’s worth a lot to me.
My rates didn’t drop, but at least I know what I’d get if something happened. With all the moose and ice, that’s worth a lot to me.
I get the peace of mind thing, especially with all the “moose and ice” hazards—been there, slid through that intersection. But honestly, I’ve had mixed luck with agreed value. Once had a ‘79 Bronco and the payout was set, but when it came time to actually use it, they still wanted to nitpick every little thing. Sometimes I wonder if just stashing a bit extra in savings for emergencies is less hassle than wrangling with insurance folks... but then again, I’m not brave enough to go without coverage in Alaska.
Yeah, I hear you on the hassle—agreed value isn’t always the magic bullet folks hope for. I’ve seen claims drag out over “wear and tear” or “pre-existing rust” more times than I’d like to admit. Still, after watching my neighbor’s truck get totaled by a moose near Wasilla, I’d rather deal with paperwork than risk footing the whole bill. Alaska’s just too unpredictable for me to go without.
Totally get what you mean about the paperwork headaches, but yeah, Alaska’s wild. I’ve seen folks save a bit by bundling home and auto, or even just by installing a remote starter—some insurers count that as a theft deterrent. It’s weird what discounts pop up if you dig around.
