Insurance companies with free cancellation

[carvell]

I need to insure a bike for a couple of days. It only costs me £70 a year for the insurance so the idea of spending £20 for one of these "one day insurance" type companies doesn't really appeal.

What I want to do really, is get some insurance, then cancel it within the 14 day cooling off period, once I'm done with it.

Problem is though, all the insurance companies I've looked at charge an admin fee even if you cancel within the cooling off period. Not really cricket.

First direct, for example, offer free cancellations for 3 months for cars.

Anyone know of any companies that do this for bikes?!
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Yamaha TDM 850

[P.addy]

meh leave it running and have a second policy building no claims

[Pie-Roe]

If it only costs 70 per year, how much is an Ebike policy for a month?

Also, I thought they only charged you a percentage of the days you used? I'm sure if you ring up and tell them the sale of the bike didn't go through they can't charge you more than a couple of quid.

Pyro
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[Paulington]

[Rogerborg]

If they're doing it right, then they can only charge you their actual costs incurred, i.e. an initial arrangement fee plus a pro rata fee for the number of days used.

They're probably way over-charging on that initial fee, and it would be pretty trivial to demonstrate that - if eBike can do you a month for £20, how much of that is the arrangement costs? - but it's probably not worth your while making an issue out of it.

Heh, it might be funny to take out an eBike 1 month policy, then cancel it after 3 days and see if they try to charge you a cancellation fee.
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

[Jayy]

Fucking had it with insurance companies, I can't get my 3rd years NCB because my current insurer is asking for silly money for FC and I'm not going anything else as I want the bike to be covered if I slide it down the road.

3 years NCB is on Sept 7th but I need to use the bike daily from now so the only way to get a decent price is to cancel my insurance with my current insurers (Adrian Flux) and move to MCE bikes at £880 FC with 2 years NCB.

It's all a big fucking scam.

[bikertomm]

When I went back to look at a bike, intent on purchasing it I took out a full year's policy with Motorcycle direct.

Just make sure at the end there will be a tick box that says - motorcycle purchased yet? And put no.

As long as you cancell within 14 days you get every single pence back


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07' Honda Hornet now full powaah! My guide on performing an oil change!

[iooi]

[G]

[Rogerborg]

[G]

[carvell]