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Page A-119
Can Choosing a Low IDV Affect While Filing Theft Claims?
In case of theft, repair is not an option- your vehicle is reported for complete loss. Always choose a realistic IDV that aligns with the car's depreciating value. Furthermore, it's advisable to consider indemnification to protect you from financial setbacks. This is not the same as zero depreciation cover .
Page A-255
Can Choosing a Low IDV Affect While Filing Theft Claims?
In case of theft, repair is not an option- your vehicle is reported for complete loss. Always choose a realistic IDV that aligns with the car's depreciating value. Furthermore, it's advisable to consider indemnification to protect you from financial setbacks. This is not the same as zero depreciation cover . Read More: How to File a Car Insurance Claim in Case Your Car Gets Stolen