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Do you think car insurance is expensive for young people?
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Or you could drive your bike into a pedestrian and they sustain life changing injuries, the cost for which runs into seven figures.Antaressq01 wrote: »I don't know if this thread is still active or read but for the reference:
I own a £1600 motorcycle and I got quoted £3500 a year for insurance, let's assume it halves the next year I would be at around £5000. You can see how ridiculous this is? This is for purely Third Party cover. I could wreck my bike into a car total both of them and most likely still come out better by paying from the pocket than to take this insurance....
Even if you hit my 18 year old car and I was uninjured, the cost to your pocket if you were uninsured would be well over the £5000 you quoted.Proud member of the wokerati, though I don't eat tofu.Home is where my books are.Solar PV 5.2kWp system, SE facing, >1% shading, installed March 2019.Mortgage free July 20230 -
Stick to one thread. https://forums.moneysavingexpert.com/discussion/5810679Antaressq01 wrote: »I don't know if this thread is still active.........0
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