Carole Nash gripe

About three weeks before I got banned, I got TPFT insurance for the CBR
thou. The premium was £257 a year and I thought that was bloody good!
Just last week I cancelled the insurance as obviously I won't be riding
my bike and I've now got a demand for £125, *£125!!*.

Now, I don't profess to be a mathematician but that's like six months'
worth of insurance and I already coughed up fifty quid to start the
insurance by credit card.

What are my options here? I phoned them and they said that the fifty
quid didn't cover the startup fee and I may be able to stall them for
the remaining five months and put it onto a new policy. I don't want to
do this, they may not have the best deal come renewal. I don't want to
pay it at all. They've had fifty quid out of me and I used my bike for
two weeks.

Cheers.

 

Sliding scale innit.
s'like buying a brand new vehicile, you lose a massive chunk the moment
it's rolled off the forecourt. Even though it's only done 25 yards.

 

In uk.rec.motorcycles, Doesnotcompute said:

But half the money? Can't I just tell them to get fucked? That's what
I'd tell someone that offered me half of what a 25 yard car was worth.

 

Yea but more to the point, did you set fire to your todger this weekend as
you were planning to do....

 

IANAL but it seems to me that you've got the advantage (ie they've got to
get the money off you, rather than vica-versa). However be aware solicitors,
courtrooms and blokes with funny hats may eventually become involved which,
naturally, could end up costing you more than the original sum.

If it were me, I'd ignore them. But then I'm like that.

 

My renewal has just come through and I noticed something about
cancellations.. they said something like whatever the underwriter charges,
plus 20% plus £x admin charge.

So it could be on the T&Cs that you effectively agreed to. :-(

 

In uk.rec.motorcycles, mups said:

I never set fire to anything this weekend <BG>. I got a request for the
match in the jap's eye but the horror stories of splinters and being
relatively sober put me off. Also, I never got a chance to try it
because I discovered this stuff called Sour Bite which is basically like
30% vodka with cranberry juice; 1.5 litres for a tenner, mmm!

Needless to say, I got very ill and the thought of pyro-japery
disappeared with the vomit down the porcelain praying pit.

Still, there's always Christmas ;-)

 

In uk.rec.motorcycles, Switters said:

I did my sums before I cancelled and did concur that I'd be marginally
better off by cancelling, even taking a ban into account come renewal.
If I'd have known I'd not have been so honest.

That's twice now in about six months that I-really-have-found-out that
being honest gets you less than nowhere.

Hmm...

 

In uk.rec.motorcycles, Mr. Fantastic said:

If they really want their money, they'll get it in the end :-(

Normally, I'd agree with you but I'm going to try and negotiate a deal
where I can get the £125 worked out to get a cheaper premium next year.

 

This has to be balanced against the number of times that honesty has
got you somewhere.

e.g. telling the taxi driver where you live.

 

In uk.rec.motorcycles, HooDooWitch said:

OTOH, I could lie about my address and then leg it.

No, but seriously, I'm talking about getting into trouble with law stuff
and people that wear suits for a living.

 

Don't get banned, then.

 

But how do you know which ones are there to "help" you, Mr Tuttle?

 

In uk.rec.motorcycles, HooDooWitch said:

I don't <g>

The way I see it, AICBW, is that if I go to a suit he's there to help.
If one comes to me then he generally wants something from me which I'm
not going to like giving.