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Old 3rd May 2007, 20:58   #38 (permalink)
F50
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Join Date: Mar 2004
Location: Mumbai
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Quote:
Originally Posted by GTO View Post

Insurance companies have slabs. The maximum that I have heard of (and enjoy) is 65% which was the result of 5+ years of no-claims.
Nop. Its 50% maximum. It was only pre-2000 that they went upto 65%.

The slabs are as follows:

1 year - 20%
2 year - 25%
3 year - 35%
4 year - 45%
5 year - 50%
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