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Page A-145
How to Ensure the Right IDV When Buying Car Insurance for an Old Car
When buying or renewing car insurance for an old vehicle, it is important to determine the correct insured declared value (IDV). IDV represents the estimated market value of your car, which directly affects the insurance premium and the amount of claims in the form of damage or theft.
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What is Zero Depreciation in Car Insurance: Inclusions and Exclusions
When buying or renewing car insurance for an old vehicle, it is important to determine the correct insured declared value (IDV). IDV represents the estimated market value...