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"Agreed Value" Policies can be written on both Collector and Antique Motorcycles. Agreed Value means that in the event of a total loss the customer will receive all of his/her money (value) back; the value having been agreed upon at the time the policy was written. No depreciation will apply.
Although the cycles can not be driven on a daily basis to qualify for this type of policy, there is some flexibility in both usage and annual mileage allowed. The intent is that the vehicles be used on a limited basis primarily for club functions, exhibitions, organized meets, tours, and limited pleasure driving.
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