Among changes that might work in consumers' favor are liability protection for certain claims and coverage for mold more generous than that of the typical ISO policy, says Mr. Schwarcz, who also serves as a consumerrepresentative at the National Association of Insurance Commissioners, an organization of state regulators.
India traditionally follows wholesale data closely, although the more representativeconsumer inflation numbers introduced a couple of years ago are expected to become the benchmark in some years.
One of the things that makes the cost to the consumer so high is that they are paying significant markups to cover dealer, sales representative and designer commissions.