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Steps to Buy the Best Two Wheeler Insurance in 2019
by Ankit Passer insurance counsellorIDV is the maximum value for which a two wheeler vehicle is insured. IDV is determined in terms of manufacturer’s listed selling price after adjusting depreciation and it also affects the premium rate. You have to pay higher premium if the IDV of your two wheeler vehicle is high.
The cubic capacity of bike affects two wheeler insurance premiums. There are three categories of cubic capacity such as; 0-150CC, 150-350CC, 350CC and above. The premium rises as the cubic capacity increases.
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Created on Feb 5th 2019 06:22. Viewed 115 times.
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