but lets say i had 70% NCD.... by protecting NCD, then afterwards i still have 70% NCD.
yes, my premium goes up a bit, but i still get 70% off the total.
now if i crashed with no NCD, then my NCD goes down to 30%. so now my premium still goes up, but this time i only get 30% off my total premium, therefore the actual jump in my premuim is huge.
i don't know if i have explained it well.... let me try with numbers:
Cost =£1000 with 70% NCD = cost is 30% of £1000 = £300
after crash, premium increases to £1200.
with NCD protection, NCD is 70%, cost is 30% of £1200 = £360
without NCD protection, NCD goes down to 30%, so cost is 70% of £1200 = £840.
Thats how i always understood it? is that not correct?