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…
