OK, One year later on the policy I wrote about previously. It went up $8 for my rate and I received a $200 vanishing deductible credit. Just thought I would share the renewal rate on the agreed policy I took out last year.
BTW, reviewing this thread after a year, there seems to be a bit of uncertainty on "declared" value versus "agreed" value. Declared value refers to what you paid for the vehicle, trailer, whatever. They calculate the premium from that BUT it has nothing to do with claim value or "total loss" valuation. You will only get what they say it is worth on the NADA value or wholesale market if a total loss is made UNLESS you have an agreed value policy which means I am insuring this for what I paid and it never depreciates that amount as long as you keep the policy UNLESS the company has a time limit on the policy. I was told that Allied does not which is what FCIS and Overland offer. I do not know about Blue Sky and, Progressive told me 10 years. I do hope this helps others. I found that there was little to no difference in the premium for agreed policies but a huge difference in value to the consumer.
2015 Ford F-150 3.5 Ecobeast 3.55 Lariat