Zero Depth Insurance For New Car. Idv stands for insured declared value. Visit the insurance provider website and select renew the policy.
People who have luxurious cars should buy a zero depreciation plan to avoid the high expenses associated with maintenance as the cost of spare parts and the rate of depreciation of such cars is higher. Vehicles are those assets that depreciate automatically as per the time duration. It is a general belief that zero depreciation car insurance policy is apt for new or inexperienced car drivers as they are more prone to get the car damaged.