Hi
I received my renewal premium for motorcycle insurance yesterday and the figures don't seem to add up.
According to the document:
Premium inclusive of 60% NCB: €200
Cash Value of NCB: €83.50 (+/- 20c)
So it would seem that without my 60% NCB I would only pay an additional €83.50.
I would have thought that the premium without NCB would be €500, (500*0.4=200)..
Any ideas before I go ring them.
Thanks
Tipping
I received my renewal premium for motorcycle insurance yesterday and the figures don't seem to add up.
According to the document:
Premium inclusive of 60% NCB: €200
Cash Value of NCB: €83.50 (+/- 20c)
So it would seem that without my 60% NCB I would only pay an additional €83.50.
I would have thought that the premium without NCB would be €500, (500*0.4=200)..
Any ideas before I go ring them.
Thanks
Tipping