Zego Insurance for Bussiness

Bendy1224

Hey,

Wondering if anyone can help me out.

I use an insurer called (zego) for business use when I am doing food deliveries.

I am charged £1.30 an hour, but £0.022 a minute.

I worked a shift which was 1 hr. 19 mins which I was charged £1.71.

How do I manually calculate the minutes using a calculator to make sure I am being charged correctly????


Thanks Ben :-)

spadoosh

You worked 19 minutes over an hour.

So 19 x £0.0222 = £0.4218
+ £1.30
= £1.7218. Or £1.72

Youve been underpaid £0.0118 or 1 pence rounded down.

I suspect they calculate just using the hourly rate which is £0.0216 a minute. So for 79 minutes = £1.7116 or £1.71.

Dox

Bendy1224 wrote: »

I worked a shift which was 1 hr. 19 mins which I was charged £1.71.

How do I manually calculate the minutes using a calculator to make sure I am being charged correctly????

60 minutes in an hour + 19 minutes over the hour = 79 minutes. Don't think you need a calculator for that one!

AnonymousM

Out of interest if I may as I happened to come across Zego yesterday after trying to update my own car insurance to allow Business use for this very thing. They said I couldn't. Are you insured with whoever you're insured with plus Zego? I thought you couldn't have two insurances for the same car?

Bendy1224

AnonymousM wrote: »

Out of interest if I may as I happened to come across Zego yesterday after trying to update my own car insurance to allow Business use for this very thing. They said I couldn't. Are you insured with whoever you're insured with plus Zego? I thought you couldn't have two insurances for the same car?

Hi Anonymous,

it really depends who you have your main insurance with for social and domestic use etc. some insurers will allow you to have additional insurance for your business cover while out on the road and some will not. I had to change my insurance as mine wouldn't let me.

try contacting admiral they should let you both have two insurances without no problem.

hope this has helped you.

Ben :money:

Bendy1224

thanks for your message spadoosh,


this has sort of made things clearer for me so thank you for this.


only thing that is puzzling my mind is the £0.4218, £0.0118, £0.0216, and £1.7116 figures.

why is there zeros in the way and the numbers are so big.

my maths is literally so terrible, anything which you would recommend to look at to have a better understanding of these numbers ...?

thanks Ben

spadoosh

Bendy1224 wrote: »

thanks for your message spadoosh,


this has sort of made things clearer for me so thank you for this.


only thing that is puzzling my mind is the £0.4218, £0.0118, £0.0216, and £1.7116 figures.

why is there zeros in the way and the numbers are so big.

my maths is literally so terrible, anything which you would recommend to look at to have a better understanding of these numbers ...?

thanks Ben

Its decimal places.

If you have 10p and divide it by 3 you get 3.3333333(recurring)p. Now obviously you cant get 0.333 etc of a pence, they dont exist, but the decimals add up. So if you have 3 lots of 3.33333 youd round it up to 10p.

So you get paid 2.2 pence per minute you work. If you work 19 minutes its
19 (minutes) x 0.022 (2.2pence). = 0.4218 or 42.18 pence. 0.18 pences dont exist so youd call it 42p.

So the figures youve higlighted are:

42p
1p
2p
and £1.71

the extra numbers are just accounting for the decimals.