At the end of the month you will receive a billing email showing your share of the month's claims cost and how much we are going to charge you.

We charge you based on the cost of claims that have occurred in the previous month. 80% of which will be the cost of fulfilling claims, 20% will be our fee. This will include IPT.

This total is then divided amongst the collective  in proportion to the value of your insured gear. Every extra £ in gear value increases your share.

If it's your first month with us, don't worry! We don't charge you for the whole month - just for the days after you signed up. Your policy will roll over at the beginning of the next month and we'll start the calculation afresh.

Should your calculated share be higher than your personal cap, you'll only pay the cap, and we'll pass the rest on to our insurance partner, Zurich UK.

Fair and square.