{"id":53372,"date":"2025-10-16T23:01:38","date_gmt":"2025-10-16T15:01:38","guid":{"rendered":"https:\/\/bjak.my\/blog\/?p=53372"},"modified":"2025-10-29T18:30:07","modified_gmt":"2025-10-29T10:30:07","slug":"market-value-vs-agreed-value-pick-the-right-insurance-coverage","status":"publish","type":"post","link":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage","title":{"rendered":"Market Value vs Agreed Value: Pick the Right Insurance Coverage"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_50 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Contents =<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-69d45ff4352de\" aria-hidden=\"true\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999999;color:#999999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999999;color:#999999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d45ff4352de\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\/#Introduction\" title=\"Introduction\">Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\/#What_Is_Market_Value\" title=\"What Is Market Value\">What Is Market Value<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\/#What_Is_Agreed_Value\" title=\"What Is Agreed Value\">What Is Agreed Value<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\/#Market_Value_vs_Agreed_Value_Quick_Comparison\" title=\"Market Value vs Agreed Value: Quick Comparison\">Market Value vs Agreed Value: Quick Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\/#Tips_for_Choosing_Coverage\" title=\"Tips for Choosing Coverage\">Tips for Choosing Coverage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><strong>Introduction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Many drivers get confused when insurance mentions <strong>Market Value<\/strong> or <strong>Agreed Value<\/strong>. Both are coverage types, but they calculate compensation differently. Choosing the wrong one may result in receiving less than your car\u2019s actual value in case of damage or total loss. This article explains the differences, provides simple examples, and offers tips on choosing based on vehicle value \u2014 including panel insurers under <strong>BJAK<\/strong> like Allianz, Takaful Malaysia, and P&amp;O Insurance.<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"What_Is_Market_Value\"><\/span><strong>What Is Market Value<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Market Value<\/strong> is the car\u2019s market price at the time of loss.<br>It is determined based on:<\/p>\n\n\n\n<ul><li>Vehicle age<br><\/li><li>Model<br><\/li><li>Condition<br><\/li><li>Current market price<br><\/li><li>Suitable for older cars or cars whose market value fluctuates easily.<br><\/li><\/ul>\n\n\n\n<p><strong>Example:<\/strong><strong><br><\/strong> 5-year-old car: Market Value RM25,000 \u2192 if total loss, insurance pays RM25,000.<\/p>\n\n\n\n<ul><li><strong>Advantage:<\/strong> usually cheaper premium<br><\/li><li><strong>Disadvantage:<\/strong> payout can decrease if the market falls<br><\/li><\/ul>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"What_Is_Agreed_Value\"><\/span><strong>What Is Agreed Value<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Agreed Value<\/strong> is the value agreed between the owner and insurer when the policy begins.<\/p>\n\n\n\n<ul><li>Suitable for new cars or imported\/rare models.<br><\/li><li>Full payout is guaranteed even if the market falls.<br><\/li><\/ul>\n\n\n\n<p><strong>Example:<\/strong><strong><br><\/strong> New car RM100,000 \u2192 Agreed Value RM100,000.<br>If total loss within 1 year \u2192 insurance pays RM100,000 even if the market drops to RM95,000.<\/p>\n\n\n\n<ul><li><strong>Advantage:<\/strong> compensation is certain<br><\/li><li><strong>Disadvantage:<\/strong> premium is usually higher<br><\/li><\/ul>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"Market_Value_vs_Agreed_Value_Quick_Comparison\"><\/span><strong>Market Value vs Agreed Value: Quick Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-background\" style=\"background-color:#ffd103\"><tbody><tr><td><strong>Feature<\/strong><\/td><td><strong>Market Value<\/strong><\/td><td><strong>Agreed Value<\/strong><\/td><\/tr><tr><td>Premium<\/td><td>Cheaper<\/td><td>More expensive<\/td><\/tr><tr><td>Payout<\/td><td>Based on market price<\/td><td>Based on agreed value<\/td><\/tr><tr><td>Suitable For<\/td><td>Older cars \/ fluctuating market<\/td><td>New cars \/ imported \/ rare models<\/td><\/tr><tr><td>Risk<\/td><td>Payout may decrease if market drops<\/td><td>Payout fixed as agreed<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"Tips_for_Choosing_Coverage\"><\/span><strong>Tips for Choosing Coverage<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul><li><strong>New cars (1\u20133 years):<\/strong> Agreed Value is usually safer.<br><\/li><li><strong>Older cars \/ stable market value:<\/strong> Market Value is more economical.<br><\/li><li>Check <strong>BJAK panel insurers<\/strong>: Allianz, Takaful Malaysia, and P&amp;O Insurance offer both types.<br><\/li><li>Consider <strong>NCD &amp; roadtax<\/strong>: factor in total annual insurance costs before selecting coverage.<br><\/li><\/ul>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"53433\" data-permalink=\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\/attachment\/4-88\" data-orig-file=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/4-88.jpg?fit=1600%2C1012&amp;ssl=1\" data-orig-size=\"1600,1012\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"4-88\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/4-88.jpg?fit=300%2C190&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/4-88.jpg?fit=1080%2C683&amp;ssl=1\" loading=\"lazy\" width=\"1080\" height=\"683\" src=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/4-88.jpg?resize=1080%2C683&#038;ssl=1\" alt=\"Infographic comparing Market Value and Agreed Value in car insurance, showing premium, payout value, and suitable car types for each coverage.\" class=\"wp-image-53433\" srcset=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/4-88.jpg?resize=1080%2C683&amp;ssl=1 1080w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/4-88.jpg?resize=300%2C190&amp;ssl=1 300w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/4-88.jpg?resize=768%2C486&amp;ssl=1 768w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/4-88.jpg?resize=1536%2C971&amp;ssl=1 1536w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/4-88.jpg?w=1600&amp;ssl=1 1600w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" data-recalc-dims=\"1\" \/><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Understanding Market Value and Agreed Value is key to receiving fair insurance compensation. Choose the type that matches your car, premium budget, and overall protection strategy. <strong>BJAK<\/strong> makes it easy to compare and get quotes from selected panel insurers, helping you make smart decisions.<\/p>\n\n\n\n<div class=\"wp-container-1 wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-nv-dark-bg-color has-text-color has-background\" href=\"https:\/\/bjak.my\/ms?utm_source=blog&amp;utm_medium=ad&amp;utm_campaign=market-value-vs-agreed-value-pick-the-right-insurance-coverage\" style=\"background-color:#ffd103\">Get Your Free Quotation<\/a><\/div>\n<\/div>\n\n\n\n<p>Read More:<\/p>\n\n\n\n<p><a href=\"https:\/\/bjak.my\/blog\/car-roadtax-malaysia-old-vs-new-differences-rates-smart-ways-to-save\">Car Roadtax Malaysia: Old vs New, Differences, Rates &amp; Smart Ways to Save<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/bjak.my\/blog\/how-to-transfer-ncd-insurance-between-vehicles-in-malaysia\">How to Transfer NCD Insurance Between Vehicles in Malaysia<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/bjak.my\/blog\/how-to-use-a-car-insurance-calculator-to-compare-insurance-companies\">How to Use a Car Insurance Calculator to Compare Insurance Companies<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Understand the difference between Market Value and Agreed Value before choosing car insurance. Market Value follows market price and is cheaper; Agreed Value is fixed, suitable for new or imported cars. This guide shows how to pick the right coverage and compare quotes from BJAK panel insurers to save on annual costs.<\/p>\n","protected":false},"author":31,"featured_media":53432,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","spay_email":""},"categories":[431],"tags":[2959,42,2836],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Market Value vs Agreed Value: Pick the Right Insurance Coverage | BJAK<\/title>\n<meta name=\"description\" content=\"BJAK | Read about: Market Value vs Agreed Value: Pick the Right Insurance Coverage &amp; understand which is better suited for your car.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Value vs Agreed Value: Pick the Right Insurance Coverage | BJAK\" \/>\n<meta property=\"og:description\" content=\"BJAK | Read about: Market Value vs Agreed Value: Pick the Right Insurance Coverage &amp; understand which is better suited for your car.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\" \/>\n<meta property=\"og:site_name\" content=\"BJAK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/bjak.my\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-16T15:01:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-29T10:30:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/2-88.jpg?fit=1600%2C1012&#038;ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1012\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bjakmy\" \/>\n<meta name=\"twitter:site\" content=\"@bjakmy\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"tariqsiregar@bjak.my\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/bjak.my\/blog\/#organization\",\"name\":\"Bjak\",\"url\":\"https:\/\/bjak.my\/blog\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/bjak.my\",\"https:\/\/www.instagram.com\/bjak.my\",\"https:\/\/www.linkedin.com\/company\/14607755\/admin\/\",\"https:\/\/twitter.com\/bjakmy\"],\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bjak.my\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2021\/09\/logo.png?fit=756%2C756&ssl=1\",\"contentUrl\":\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2021\/09\/logo.png?fit=756%2C756&ssl=1\",\"width\":756,\"height\":756,\"caption\":\"Bjak\"},\"image\":{\"@id\":\"https:\/\/bjak.my\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bjak.my\/blog\/#website\",\"url\":\"https:\/\/bjak.my\/blog\/\",\"name\":\"BJAK\",\"description\":\"Renew your car and motor insurance at the lowest price! Fastest way to renew in Malaysia!\",\"publisher\":{\"@id\":\"https:\/\/bjak.my\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bjak.my\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#primaryimage\",\"url\":\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/2-88.jpg?fit=1600%2C1012&ssl=1\",\"contentUrl\":\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/2-88.jpg?fit=1600%2C1012&ssl=1\",\"width\":1600,\"height\":1012,\"caption\":\"Market Value vs Agreed Value: Pick the Right Insurance Coverage\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#webpage\",\"url\":\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\",\"name\":\"Market Value vs Agreed Value: Pick the Right Insurance Coverage | BJAK\",\"isPartOf\":{\"@id\":\"https:\/\/bjak.my\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#primaryimage\"},\"datePublished\":\"2025-10-16T15:01:38+00:00\",\"dateModified\":\"2025-10-29T10:30:07+00:00\",\"description\":\"BJAK | Read about: Market Value vs Agreed Value: Pick the Right Insurance Coverage & understand which is better suited for your car.\",\"breadcrumb\":{\"@id\":\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bjak.my\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market Value vs Agreed Value: Pick the Right Insurance Coverage\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#article\",\"isPartOf\":{\"@id\":\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#webpage\"},\"author\":{\"@id\":\"https:\/\/bjak.my\/blog\/#\/schema\/person\/49db3bfe17fbb2b856b6e2416fa1d6a8\"},\"headline\":\"Market Value vs Agreed Value: Pick the Right Insurance Coverage\",\"datePublished\":\"2025-10-16T15:01:38+00:00\",\"dateModified\":\"2025-10-29T10:30:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#webpage\"},\"wordCount\":377,\"publisher\":{\"@id\":\"https:\/\/bjak.my\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/2-88.jpg?fit=1600%2C1012&ssl=1\",\"keywords\":[\"agreed value\",\"Coverage\",\"market value\"],\"articleSection\":[\"Car Insurance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bjak.my\/blog\/#\/schema\/person\/49db3bfe17fbb2b856b6e2416fa1d6a8\",\"name\":\"tariqsiregar@bjak.my\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bjak.my\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0fbe00da23eb8292ff85410eb04910af?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0fbe00da23eb8292ff85410eb04910af?s=96&d=mm&r=g\",\"caption\":\"tariqsiregar@bjak.my\"},\"url\":\"https:\/\/bjak.my\/blog\/author\/tariqsiregarbjak-my\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Market Value vs Agreed Value: Pick the Right Insurance Coverage | BJAK","description":"BJAK | Read about: Market Value vs Agreed Value: Pick the Right Insurance Coverage & understand which is better suited for your car.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage","og_locale":"en_US","og_type":"article","og_title":"Market Value vs Agreed Value: Pick the Right Insurance Coverage | BJAK","og_description":"BJAK | Read about: Market Value vs Agreed Value: Pick the Right Insurance Coverage & understand which is better suited for your car.","og_url":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage","og_site_name":"BJAK","article_publisher":"https:\/\/www.facebook.com\/bjak.my","article_published_time":"2025-10-16T15:01:38+00:00","article_modified_time":"2025-10-29T10:30:07+00:00","og_image":[{"width":1600,"height":1012,"url":"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/2-88.jpg?fit=1600%2C1012&ssl=1","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_creator":"@bjakmy","twitter_site":"@bjakmy","twitter_misc":{"Written by":"tariqsiregar@bjak.my","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/bjak.my\/blog\/#organization","name":"Bjak","url":"https:\/\/bjak.my\/blog\/","sameAs":["https:\/\/www.facebook.com\/bjak.my","https:\/\/www.instagram.com\/bjak.my","https:\/\/www.linkedin.com\/company\/14607755\/admin\/","https:\/\/twitter.com\/bjakmy"],"logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bjak.my\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2021\/09\/logo.png?fit=756%2C756&ssl=1","contentUrl":"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2021\/09\/logo.png?fit=756%2C756&ssl=1","width":756,"height":756,"caption":"Bjak"},"image":{"@id":"https:\/\/bjak.my\/blog\/#\/schema\/logo\/image\/"}},{"@type":"WebSite","@id":"https:\/\/bjak.my\/blog\/#website","url":"https:\/\/bjak.my\/blog\/","name":"BJAK","description":"Renew your car and motor insurance at the lowest price! Fastest way to renew in Malaysia!","publisher":{"@id":"https:\/\/bjak.my\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bjak.my\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#primaryimage","url":"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/2-88.jpg?fit=1600%2C1012&ssl=1","contentUrl":"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/2-88.jpg?fit=1600%2C1012&ssl=1","width":1600,"height":1012,"caption":"Market Value vs Agreed Value: Pick the Right Insurance Coverage"},{"@type":"WebPage","@id":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#webpage","url":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage","name":"Market Value vs Agreed Value: Pick the Right Insurance Coverage | BJAK","isPartOf":{"@id":"https:\/\/bjak.my\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#primaryimage"},"datePublished":"2025-10-16T15:01:38+00:00","dateModified":"2025-10-29T10:30:07+00:00","description":"BJAK | Read about: Market Value vs Agreed Value: Pick the Right Insurance Coverage & understand which is better suited for your car.","breadcrumb":{"@id":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bjak.my\/blog\/"},{"@type":"ListItem","position":2,"name":"Market Value vs Agreed Value: Pick the Right Insurance Coverage"}]},{"@type":"Article","@id":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#article","isPartOf":{"@id":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#webpage"},"author":{"@id":"https:\/\/bjak.my\/blog\/#\/schema\/person\/49db3bfe17fbb2b856b6e2416fa1d6a8"},"headline":"Market Value vs Agreed Value: Pick the Right Insurance Coverage","datePublished":"2025-10-16T15:01:38+00:00","dateModified":"2025-10-29T10:30:07+00:00","mainEntityOfPage":{"@id":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#webpage"},"wordCount":377,"publisher":{"@id":"https:\/\/bjak.my\/blog\/#organization"},"image":{"@id":"https:\/\/bjak.my\/blog\/car-insurance\/market-value-vs-agreed-value-pick-the-right-insurance-coverage#primaryimage"},"thumbnailUrl":"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/2-88.jpg?fit=1600%2C1012&ssl=1","keywords":["agreed value","Coverage","market value"],"articleSection":["Car Insurance"],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/bjak.my\/blog\/#\/schema\/person\/49db3bfe17fbb2b856b6e2416fa1d6a8","name":"tariqsiregar@bjak.my","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bjak.my\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0fbe00da23eb8292ff85410eb04910af?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0fbe00da23eb8292ff85410eb04910af?s=96&d=mm&r=g","caption":"tariqsiregar@bjak.my"},"url":"https:\/\/bjak.my\/blog\/author\/tariqsiregarbjak-my"}]}},"jetpack_featured_media_url":"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2025\/10\/2-88.jpg?fit=1600%2C1012&ssl=1","_links":{"self":[{"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/posts\/53372"}],"collection":[{"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/comments?post=53372"}],"version-history":[{"count":3,"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/posts\/53372\/revisions"}],"predecessor-version":[{"id":53434,"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/posts\/53372\/revisions\/53434"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/media\/53432"}],"wp:attachment":[{"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/media?parent=53372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/categories?post=53372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bjak.my\/blog\/wp-json\/wp\/v2\/tags?post=53372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}