What is my car’s IDV?
Estimate your car’s Insured Declared Value using the standard IRDAI depreciation table.
What is IDV?
Insured Declared Value (IDV) is roughly what the insurer pays if your car is stolen or damaged beyond repair. It is the ex-showroom price reduced by a standard depreciation for the car’s age. A higher IDV means better protection, with a slightly higher premium.
Estimated IDV₹5,60,000
30% depreciation for a car aged 2 to 3 years. Insurers may vary IDV within a small range.
Get quotes for this coverCalculators give general estimates only and are not a quote or an offer of insurance. Premiums and cover depend on the insurer, plan and your details. Insurance is the subject matter of solicitation.