IndiaInsurance
7th March 2019, 11:22 AM
IDV is calculated by considering the manufacturers listing price of the vehicle minus depreciation. However, the cost of registration and insurance premium are not included.
More... (https://economictimes.indiatimes.com/wealth/insure/motor-insurance/motor-insurance-policy-provides-total-loss-benefit-against-car-accident-what-it-means-for-you/articleshow/68297969.cms)
More... (https://economictimes.indiatimes.com/wealth/insure/motor-insurance/motor-insurance-policy-provides-total-loss-benefit-against-car-accident-what-it-means-for-you/articleshow/68297969.cms)