As you all know this is regarding my M800 , the modified M800.
I have to get the insurance renewed by end of June.
Presently the policy is with ICICI lombard, the IDV of the car is 57 k.
As per their webpage for a 2003 M800 STD car the IDV is 78 k, totally confused.
When asked them to renew it, their reply was
since your car is 10 years old we would not be able to do that.
Finally I called up couple of other Insurance companies, got same answers from few. Few told me I should go in for 3rd party insurance which does not cover anything to my car.
So I have few questions,
Can I get the IDV increased, I am ready to pay extra premium.
Can I add the Electrical accessories (ICE etc) so that the car value increases.
Is is necessary to get a 3rd party insurance for a car which is 10 year old and IDV lesser than 60k ?
I would request members to point out the perfect policy (insurance company) I should go in for.