How do I claim IDV?
How do I claim IDV?
If the vehicle is more than 5 years old, the IDV is settled based on its condition, serviceable parts available in the market and a mutual understanding between the insurance company and the policyholder. … How is IDV calculated? Age of the vehicle Applicable depreciation 3 years to 4 years 40% 4 years to 5 years 50% 4 more rows
