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Emphasis on the rural sector is the need of the hour! We provide customized insurance offerings for the surging rural sector.
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IDV stands for Insured's Declared Value. It states the current market value of the vehicle. IDV is calculated on the basis of the manufacturer's listed selling price of the vehicle (plus the listed price of any accessories) after deducting the depreciation for every year as per the schedule provided by the Indian Motor Tariff.