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Motorbike insurance cancellation

Hi I am trying to save some money on my outgoings now I am jobless, I have fully comp insurance with Bennetts and was used for work and was going to do a fair few miles a year, I am after to cancel this and get some TPTF and was less mileage as hardly use it, is it just a case of cancelling this policy and paying a cancellation fee and starting a new one.

Was paying every month was about £40 odd but can get it for about £10 a month

Comments

  • dacouch
    dacouch Posts: 21,636 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Motorbike policies tend to have quite hefty cancellation charges so check how much you will pay in total to cancel

    It may be cheaper for you to just adjust your current policy which would avoid any cancellation charges
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