We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Short term bike insurance

My son is looking to sell his 125 scooter as he gets his car next week. The bike is insured up to next Monday (he gets the car on Tuesday) but obviously if it doesn't sell by then we'll need to insure it.

I've read that a lot of bike insurers will charge you 60% of the annual premium even if you cancel after a couple of months so what's the best way to insure the bike?
xxx Nikki xxx

Comments

  • lisyloo
    lisyloo Posts: 30,113 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Could he take a monthly PAYG policy?
    It won't be 1/12th the cost of an annual policy but it shouldn't be 60% either.

    There is one here
    http://www.ebikeinsurance.co.uk/

    I have quite a few friends with ebike (one who has claimed) and they all seem to be happy.
    I've been with them myself but not had a claim.
  • Nikkisun
    Nikkisun Posts: 1,330 Forumite
    lisyloo wrote: »
    Could he take a monthly PAYG policy?
    It won't be 1/12th the cost of an annual policy but it shouldn't be 60% either.

    There is one here
    http://www.ebikeinsurance.co.uk/

    I have quite a few friends with ebike (one who has claimed) and they all seem to be happy.
    I've been with them myself but not had a claim.

    Just run a quote through - they want £316 per month as opposed to £176 per year!!
    xxx Nikki xxx
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.8K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.4K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.