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Planned Maintenance Alert: Due to scheduled maintenance activity, purchase and renewal of insurance policy online will not be available from Saturday, 0000 hrs Jan 8, '22 to Monday, 0900 hrs Jan 10, '22. If your Policy is due for renewal between this period, please renew early to avoid inconvenience! Thank you for your cooperation.
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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.