Insured Declared Value

What Is Insured Declared Value? IDV Explained

Introduction: Why Insured Declared Value (IDV) Matters Did you know that 68% of Indian car owners underestimate their vehicle’s Insured Declared Value (IDV), leading to insufficient coverage? IDV isn’t just a technical term—it’s the maximum amount your insurer will pay if your car is stolen or totaled. Let’s demystify IDV so you can make informed insurance decisions. In this…

Comprehensive vs 3rd party Insurance

Comprehensive vs Third-Party Car Insurance in India

Choosing the right car insurance in India can be confusing, especially when deciding between comprehensive vs third-party policies. While third-party insurance is legally required, comprehensive coverage offers broader protection. But which one is truly better for your needs? In this guide, we’ll break down: By the end, you’ll know exactly which policy saves you money while keeping your…