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Low overlap

Page A-132

How to Calculate IDV of a Car? Step-by-Step Guide | Generali Central

https://www.generalicentralinsurance.com/blog/car-insurance/how-to-calculate-idv-of-car

18.6%

of A-132 overlaps A-119

Page A-119

How Choosing a Lower IDV Can Hurt You During Theft Claims | Generali Central

https://www.generalicentralinsurance.com/blog/car-insurance/how-choosing-a-lower-idv-can-hurt-you-during-theft-claims

15.8%

of A-119 overlaps A-132

Matching passages

Paragraph match score 81.6%

Page A-132

Thank you for your interest!

Is IDV the same as market value or resale value

Page A-119

FAQs

No, IDV isn't the same as resale value. IDV is calculated based on the ex-showroom price minus depreciation according to the insurer's guidelines. The resale value will depend on vehicle condition and market demand. Theft Claims are usually settled based on the agreed IDV and not the resale price.