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Originally Posted by itwasntme  I am sure it was the latter (till de-regulation of the motor insurance industry) but since the Tariff Advisory Committee (TAC) detariffed motor insurance rates in India, I THINK the maximum allowable now is 50% now.
However it could be that car owners who had reached 65% before the de-tariffication occurred have been allowed to maintain their 65% even though the maximum now is 50% |
You answered your question buddy. You are absolutely right. Only those who reached 65% before the de-tariffing happened have managed to retain that much for others max limit now is set to 50%.