This entry was posted in Twitter on June 29, 2016 by twilight Can never understand – which is better while renewing car insurance? Low IDV & low premium or high IDV & high premium.. Any experts here?
Reply ↓ arijitc78 June 29, 2016 at 01:58 @twilightfairy no expert but suggest taking the zero dep option, premium is slightly higher but worth it.
Reply ↓ RCxNair June 29, 2016 at 01:58 @twilightfairy IDV will be applicable only for a total loss; it has nothing to do with regular/minor claims. Go for lowest recommended IDV
Reply ↓ shantanugoel June 29, 2016 at 02:03 @twilightfairy IDV basically means the amount you can claim in case of a total loss of car. So, low premium = more risk,high prem = low risk
Reply ↓ ShylockHome June 29, 2016 at 02:32 @twilightfairy Low if you look after your vehicle well and don’t make claims. If your appetite for risk is low then go high.
Reply ↓ kskarun June 29, 2016 at 02:34 @twilightfairy IDV is only for a total loss, so consider that before paying a higher premium. It won’t help in case of minor repairs/claims.
Reply ↓ dillidikudii June 29, 2016 at 02:39 RT @twilightfairy: Can never understand – which is better while renewing car insurance? Low IDV & low premium or high IDV & high premium..…
Reply ↓ chinyar June 29, 2016 at 02:51 @twilightfairy If vehicle is more than four years old, opt for low idv.
Reply ↓ manishbhartia June 29, 2016 at 03:59 RT @twilightfairy: Can never understand – which is better while renewing car insurance? Low IDV & low premium or high IDV & high premium..…
Reply ↓ weedo_vivek June 29, 2016 at 05:46 RT @twilightfairy: Can never understand – which is better while renewing car insurance? Low IDV & low premium or high IDV & high premium..…
Reply ↓ AnExpertDreamer June 29, 2016 at 10:35 If at all you anticipate a complete loss of vehicle in accident for for high IDV #GodForbid @twilightfairy
@twilightfairy no expert but suggest taking the zero dep option, premium is slightly higher but worth it.
@twilightfairy IDV will be applicable only for a total loss; it has nothing to do with regular/minor claims. Go for lowest recommended IDV
@twilightfairy IDV basically means the amount you can claim in case of a total loss of car. So, low premium = more risk,high prem = low risk
@twilightfairy Low if you look after your vehicle well and don’t make claims. If your appetite for risk is low then go high.
@twilightfairy IDV is only for a total loss, so consider that before paying a higher premium. It won’t help in case of minor repairs/claims.
RT @twilightfairy: Can never understand – which is better while renewing car insurance? Low IDV & low premium or high IDV & high premium..…
@twilightfairy If vehicle is more than four years old, opt for low idv.
RT @twilightfairy: Can never understand – which is better while renewing car insurance? Low IDV & low premium or high IDV & high premium..…
RT @twilightfairy: Can never understand – which is better while renewing car insurance? Low IDV & low premium or high IDV & high premium..…
If at all you anticipate a complete loss of vehicle in accident for for high IDV #GodForbid @twilightfairy