calculateInsurance Calculator
Car IDV Calculator India: Insurance Value
Estimate the Insured Declared Value from the manufacturer listed selling price / ex-showroom value and the vehicle age band.
Estimates only. Values vary based on lender, insurer, tax rules, and your profile. CarArth does not provide financial or legal advice.
Insurance Value
Indicative IDV based on standard depreciation
Car age band
Applied depreciation rate20%
Depreciation amount₹3,60,000.00
Estimated IDV₹14,40,000.00
IDV is mainly relevant for theft, total loss and constructive total loss cover. It is not the same as normal resale value.