the insurance quote should be as follows if rate is 2% :
22,260 for vx (Rs.1113000 invoice)
26700 for vxr (Rs.1335000)
30,200 for vxl (Rs.1510k)
this is the rate i give to my clients through Adamjee for comprehensive including 3rd party coverage.
why you paying so high premium? you are getting high rate. since i am in insurance sector, i would recommend you not to go for tracker as it is useless once you have comprehensive insurance of Adamjee.