Bharti AXA provides a comprehensive cover for your car,so you can drive hassle-free.
Ride without worries, with Bharti AXA long term two wheeler insurance plan.
Safeguard the health of your loved ones with a wide range of Bharti AXA health insurance plans.
Secure your joyous family trips with Bharti AXA international travel insurance cover.
One of the most important aspects that you should know about is the IDV (Insured Declared Value) of the vehicle. It is one of the most important factors that directly affects the premiums of your car insurance . So, let’s learn more about IDV and how it is calculated.
Insured Declared Value or IDV is the maximum sum assured that one would receive as a compensation for total loss or theft of the insured car. It is the current market price of the insured car, which you can claim from the insurance provider. For examples, if the IDV of your car is Rs 4 lakhs, then the maximum compensation that you can expect from the insurance provider will be Rs. 4 lakhs.
It is easy to calculate the IDV of your vehicle by using a car insurance calculator. However, you can also calculate IDV without a car insurance calculator. All you need is the price at which the car is listed by the manufacturer. The car insurance provider will consider the value of your car in question prepared under the advisory of the Insurance Regulatory and Development Authority of India (IRDAI):
The IDV of the vehicle aged 5 years and above depends on:
Bharti AXA is one of the leading insurance providers. There are many advantages if you avail insurance from Bharti AXA:
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Disclaimer :The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Insurance needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice for Travel/Health/Motor. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.
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