IDV (Insured Declared Value) plays a crucial role in helping a person to claim the basic amount of money for which the car had been insured in cases of stealing or damage. IDVs are a must in car insurance plans when you’re trying to renew car insurance.
Comprehensive Car Insurance plan is specifically meant for covering all the damages caused to your car. A car insurance plan is simply a signed contract between the car owner and insurance provider for paying a specified premium to the insurance company. In exchange for that premium, the insurer promises to pay for any risks or […]