Insurance issues, any way around this?

[Pol Anorl]

short and sweet.
bought my bros, phoned insurance company they told me my policy is for 125cc only so i would have to take a new policy out so i agreed so i didn't have cancelation charge and mess with no claims and such.

Now after gaining another years no claims last month i looked at insurance and its £150! cheaper with a different company.

Only had this insurance for 3 months through a broker id have to pay the rest off, 9 months worth @ £36 a month
Any thing i can do to cancel my insurance now so i can change to a new insurer without having to pay the last 9 months off or do i have to bite the bullet and wait untill my insurance is up.

My insurance form:
https://img205.imageshack.us/img205/418/claim.png
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GOOD GAME BODYGUARD: https://i.imgur.com/8WePGgf.jpg
20:30:37 Pyro.: I don't sort of like men, I take every advantage to choke on dick.
Jewlio Iglesias: You live in Liverpool - Chances are, the front door has already been kicked off the hinges

[Pol Anorl]

Anyone able to shed some light on this for me?
____________________
GOOD GAME BODYGUARD: https://i.imgur.com/8WePGgf.jpg
20:30:37 Pyro.: I don't sort of like men, I take every advantage to choke on dick.
Jewlio Iglesias: You live in Liverpool - Chances are, the front door has already been kicked off the hinges

[Drake]

you've already paid for it, just wait it out might aswell. plus you probably wouldnt get the extra back. instead spend money getting your bike road worthy
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was: derbi senda, aprilia sx125, nsr250 mc16, cagiva mito, cb600 hornet now: mk1 bandit, KR1S, landrover series 3 light weight 2.5 petrol, 5speed box

[bencav]

Wait it out...

I had a similar thing when I changed bikes, my divvy was under a 'first bike' scheme (divvy, bandit, ER5 and the likes) - when I changed bikes, the underwriter wouldnt insure the new bike so I had to cancel! Luckily the underwriters were OK as it was their choice not to insure, there was no get out payment, I had to take the hit though and waved byebye to my first 4 months no claims!

[Pol Anorl]

[P.]

Paid 3 months... you can cancel... it will cost you something like £50 up to however much your policy was

[Pol Anorl]

[iooi]

[Pol Anorl]

Ah damn :/
so when i take it insurance i should pay it in one go? ive only dealth with insurance a few times and monthly seemed easier
____________________
GOOD GAME BODYGUARD: https://i.imgur.com/8WePGgf.jpg
20:30:37 Pyro.: I don't sort of like men, I take every advantage to choke on dick.
Jewlio Iglesias: You live in Liverpool - Chances are, the front door has already been kicked off the hinges

[Rogerborg]

Sorry, but you're probably shagged. It's a common story, a lot of people get caught out by this.

Read your documentation carefully. I agree that you are likely to find that you're not actually paying the policy monthly, you're paying off an unsecured loan that you inadvertently took out to buy it.

Even if you cancel the policy now, the derisory refund you'll get isn't going to cover the outstanding payments on that loan.

You may be lucky and you're actually paying the policy itself in instalments and can just walk away from it, but you're going to have to bust out the policy documents and read what it was that you agreed to. Best of luck.
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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

[Pol Anorl]

[Rogerborg]