The errors of IMU(Inertial Measurement Unit) can be divided into deterministic and random errors. Since the required accuracy of the IMU is very high, the errors must be compensated by using an accurate error mode. In this paper, we present a method to get a more accurate error model in a laboratory test. This was done by considering the setting misalignment in the laboratory test in the IMU error model. We considered here the IMU which consits of DTG(dynamically tuned gyroscope) and pendulum type accelerometer. First, it was shown that the estimation result from the model which does not contain the setting misalignment gives considerable estimation error at the validation test. Second, a new model considering the setting misalignment was derived. Finally, by validation test using the estimation results from new model the validity of it was proved.