landslide rockslide
Subject to deduction for depreciation
Sum Insured -insured's declared value(IDV)
The insured's declared value of the private ... than 5 years old when the vehicle was
insured and the insured's declared value was in accordance with
the schedule involving 40% depreciation
premium was Rs.36,338/- and the insured declared value of the
car is Rs.14,00,000/-. Therefore it is hard to believe that ... insurance policy for the period from
21.03.2017 to 20.03.2018. The Insured Declared Value is shown
service
center was too high when compare to the insured declared value. That the
1st respondent made claim for total loss of the vehicle. That ... with the New
India assurance co., Ltd., as per the insured declared value was
Rs.3,79,221/ and Sri.Nadeem Ulla Shariff being
2706003117P116202325 for the period
between 10.02.2018 to 09.02.2019. The IDV (Insured Declared Value) of the
vehicle ... period
10/02/2018 to 09/02/2019 and the IDV (Insured Declared Value) of the
vehicle was fixed at Rs.24,68,700/-, which
opposite party directed to pay Rs.4,16,500/- as Insured Declared
Value (IDV) to the complainant alongwith interest @ 9% per annum
from the date ... seeking
direction to the opposite party/insurance company to pay the insured
declared value (IDV) i.e. Rs.4,16,500/- alongwith interest
should have been filed before the
District Commission below as the insured declared value of the
vehicle in question ... tune of Rs.7,11,086/- against the IDV
(insured declared value) of the vehicle is Rs.8,87,086/-.
8
Asgar Ali Versus ICICI
vehicle in the accident as repair
charges exceeded 75% of the insured declared value i.e.
Rs.4,59,000/-. Therefore, the respondent/opposite party ... treating the vehicle as total
loss in terms of the insured declare value of the vehicle as per the
terms of the policy.
6
Lekh
Opposite Party with directions to pay to the complainant the Insured Declared Value (IDV) of the vehicle i.e. Rs.26,07,750/- along with ... vehicle assessed which turned out to be much higher than the Insured Declared Value, so the OP vide letter dated 6.7.2019 (Ann.C-2) demanded
which Rs. 7,56,000/- is the Insured Declared Value (IDV) and Rs.
1,81,440/- is the interest calculated @8% since the date ... which inclusive Rs.7,56,000/- as IDV
(Insured Declared Value) and Rs.1,81,440/-as interest,
calculated @ 8% per annum since the date
claim and directed the appellant to pay to the respondent / claimant Insured Declared
Value (IDV) of the truck amounting to Rs.8,00,000/- with
