I purchased i10, magna from Trident show room on Hosur Road, Bangalore. The vechicle was delivered on 5th Jan 2010. Vechile registration number is KA 01 MF 1326.

I got the insurance receipt at a later date and found that the premium amount is 8518/- but Trident has collected around Rs 14651/- from me towards insurance premium.

I tried to contact the sales person Manjula but she could not give any satisfactory answer. I have emailed to sales manager Samir who claims that ICICILombard has authorised them to charge extra amount on the top of premium.

The fact is that Trident has been quoting IRDA rate which is the maximum premium a company can charge for insurance. Trident has quoted that amount and purchased the policy at a much cheaper rate. Since Trident is purchasing policy on my behalf it has no rights to overcharge me for a easily availlable policy oin the market. There is also no mandate to buy policy through Trident if they overcharge.