Car Insurance
Understanding Depreciated IDV in Car Insurance
Depreciated IDV reflects your cars reduced value based on age, wear, and market trends. It affects premiums, claim payouts, and renewal decisions. Understanding IDV helps you maintain proper coverage, choose useful add-ons, and ensure fair financial protection in case of total loss or theft.
11 Apr 2025
Depreciated IDV reflects your cars reduced value based on age, wear, and market trends. It affects premiums, claim payouts, and renewal decisions. Understanding IDV helps you maintain proper coverage, choose useful add-ons, and ensure fair financial protection in case of total loss or theft.
11 Apr 2025