The IDV Calculator API offered by Surepass is an effective solution for calculating the IDV of cars, bikes, and commercial vehicles. It provides accurate IDV values for both old and new vehicles, making it suitable for both businesses and individuals.
Businesses can use this API to avoid inaccurate vehicle valuation and manual errors. Individual buyers can use the IDV Calculator to select the best insurance plan for their vehicles.
How Does it work?
Here is how it works
Input: Enter the Vehicle Name and Model Number (Car, Bike and commercial vehicle)
Output: API will calculate the value and provide the accurate IDV.
Use Cases
Individual Vehicle Owner
The vehicle owner, whether they own a car, bike or commercial vehicle, can use this API to instantly get the accurate IDV for their vehicle. This will help them to evaluate the renewal option and in the selection of cost-effective policies.
The accurate valuation of their vehicle helps them negotiate better deals when selling or exchanging their vehicles.
Insurance Providers
The IDV calculator API offered by Surepass helps insurance providers automate IDV calculations for generating accurate and competitive insurance quotes. It minimizes manual data entry, prevents errors, and accelerates the process of issuing policies
Third-Party Platforms
Third-party platforms like insurance comparison websites or vehicle servicing apps can enhance their services with Surepass IDV Calculator API. By integrating this API, they can offer personalized recommendations to users, while selecting an insurance plan.