Hi Guys,
I'm getting calls from Trident for Insurance renewal (New India assurance). Mine is due to be renewed in December 2016. They have quoted an IDV of 5.41L after 10% depreciation for the first year. The premium comes to ~13K with zero dep cover.
I was checking quotes on coverfox website and most of the quotes are in the same range but with an IDV of 4.4L-4.9L. Most insurance websites are setting a depreciation of 15% for first year.
Is the offer from New India insurance fair or am I missing something?
Mine is a Petrol Xcent SX from Dec 2015.
Thanks,
I'm getting calls from Trident for Insurance renewal (New India assurance). Mine is due to be renewed in December 2016. They have quoted an IDV of 5.41L after 10% depreciation for the first year. The premium comes to ~13K with zero dep cover.
I was checking quotes on coverfox website and most of the quotes are in the same range but with an IDV of 4.4L-4.9L. Most insurance websites are setting a depreciation of 15% for first year.
Is the offer from New India insurance fair or am I missing something?
Mine is a Petrol Xcent SX from Dec 2015.
Thanks,