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Mumbai (Maharashtra) [India], January 3: A two-wheeler often keeps daily life on track, so theft or a major accident can quickly become a financial shock. Insured Declared Value, or IDV, is the figure that anchors the vehicle’s insured worth in the policy. In bike insurance, IDV is agreed for the policy term, and it influences how a total loss or theft settlement may be assessed.
This blog explains what IDV means, how it is calculated, and what to watch during renewal or policy…
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Mumbai (Maharashtra) [India], January 3: A two-wheeler often keeps daily life on track, so theft or a major accident can quickly become a financial shock. Insured Declared Value, or IDV, is the figure that anchors the vehicle’s insured worth in the policy. In bike insurance, IDV is agreed for the policy term, and it influences how a total loss or theft settlement may be assessed.
This blog explains what IDV means, how it is calculated, and what to watch during renewal or policy…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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