What Is IDV in Car Insurance? (And Why Getting It Wrong Costs You Money)

When you buy or renew your car insurance, one term you’ll always see is IDV (Insured Declared Value). It might look like just another number in your policy, but in reality, IDV directly affects your claim amount, premium cost, and financial safety. Let’s break it down in a simple, practical way. 🔍 What is IDV […]