Insurance age-bias wtf

Sparx · L Plate Warrior Joined: 13 May 2012 Karma :

Hi everyone

I've recently got my first motorbike, an old CG125.

I'm 22 in 10 days from now, but I got the bike today and I'm looking at insurance. I set the start date as today and the cheapest I can find TPF+T is £650. So I changed the start date of the insurance from the 23rd (When I'm 22) and it drops to £520!

I'm not entirely sure what to do. I've looked at temporary insurance, but the only one I can find is eBike, who want £220.

Any advice?

Bred2shred · Scooby Slapper Joined: 14 Apr 2012 Karma :

Wait 10 days

Thumbs Up

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I'm not as think as you drunk I am.

Sparx · L Plate Warrior Joined: 13 May 2012 Karma :

Haha, I thought that might be said.

I was thinking of getting the insurance now, and then just cancelling it on the 23rd and paying the fees. I did this on a car but insurance companies are a nightmare to deal with, in my experience.

Clanger · Stirrer Joined: 27 May 2004 Karma :

Cancellation fees are expensive...

Anyway, back to topic...there has to be some perks in getting older...!!!
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Be who you are and say what you feel, because those who mind don't matter, and those who matter won't mind - Dr. Seuss

MG · Traffic Copper Joined: 10 Oct 2011 Karma :

Or don't waste money on fire and theft cover on an 'old cg'?
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~~'03 Honda Cityfly 125~~ > ~~'02 Honda CB500S~~ > ~~'98 Honda CBR600F~~

Irn-Bru · World Chat Champion Joined: 13 Aug 2009 Karma :

Clanger · Stirrer Joined: 27 May 2004 Karma :

Sparx · L Plate Warrior Joined: 13 May 2012 Karma :

Well, I was thinking of cancelling it within 14 days, as you get a cooling off period. Apparently I have to pay any administration charge they might make up.

Oh and, the reason for TPF+T on an old CG is that Bike Devil is offering no Excess on their cover, and TPO is only £200 cheaper (I payed quite a bit more then £200).

When I get the inevitable phone call tomorrow from them, I will see if I can get them to lower it at least a tad, and try and get a solid word on how much the cancellation within 14 days would be.