choose your own insurance deposit?!

[mic]

Can you do that?! lets say your quote was £300, £50 deposit and 11 installments. Couldnt you choose to pay £200 deposit and reduced installments?!

just a thought, never asked before

[Derivative]

Irrelevant topic.

Get a loan, use a (planned) overdraft, use a credit card, exercise some discipline, insert other options here.

Pretty much every other option will be cheaper and you have the option in most cases of paying them off whenever you like.

Monthly insurance payments = povertychatforums.com

[arry]

You can put as much as you like towards it really but the deposit is usually a minimum of 20% to cover time on risk charge / short period cancellation potential otherwise the broker is on for it themselves.

Never, unless it really cannot be avoided, use any kind of premium finance though - it's far too expensive and leaves things extremely complicated in the event you need to cancel

[Lord Percy]

[Nemo]

If you can find £200 can you not scrounge another £100 and just pay the whole thing?
____________________
Previously owned: Kawasaki KH125, Suzuki GP125, Suzuki GX 125, Honda CB125 TDC '83, Honda ntv 600, Kawasaki ER5, Kawasaki ZZR600, Aprilia RSV 1000 Mille
Now own: Ducati 848 evo

[Derivative]

[P.addy]

FWIW I have enough money but I prefer doing insurance over the year. I suppose its down to the fact I swap bikes quicker than I swap my pants. I've always found it cheaper.

[Joncrete Cungle]

Fook paying the insurance parasites monthly rape APR, tis a mugs game starve the usurious parasite. If you have to do it one year for whatever reason skint, young no NCB, fruity bike etc. Consider opening a separate account and putting the equivalent amount (say £400 if that is what this years extortion is) spread over 52 weeks if you get paid weekly or over 12 months if you get paid monthly. Works out at £7.70 a week or £33.34 a month.

So you only get raped the first year, then hopefully come renewal time you can find a quote for extortion for less than the example of £400 and you have a few quid left over. Oh and the usurious parasites don't get to drip, drip bleed you any more

[iooi]