Market Value - A base policy that pays you the actual cash value of your RV at the time of its loss. Agreed Value - Pays an amount you define when you purchase your policy, regardless of the current value of your RV at the time it is totaled. Total Loss Replacement/Purchase Price - Pays for the replacement of your totaled RV with a current-year model if your RV is totaled within 5 years of its manufacture. If your RV is more than 5 years old at the time it is totaled, you will receive the original purchase price. Coverage only applies to brand new models