luciarakan Posted July 8, 2020 Share Posted July 8, 2020 Anyone else considering taking their bike off the road in the current situation? 99% of the use of mine is for commuting and already hasn't moved for 10 weeks. I am now not doing that commute and won't be, likely for quite a while. My insurance expires on the 6th so I might save myself a few quid and not renew until I actually need to. I may do the same with the VED, but that will require a refund since I paid a year upfront, it's only £88 for the year so I am not sure if it's worth the hassle. Quote Link to comment Share on other sites More sharing options...
Mississippi Bullfrog Posted July 8, 2020 Share Posted July 8, 2020 Personally I'd keep the insurance going. What you save isn't worth it if the bike gets nicked in the meantime. Plus I prefer to keep insurance continuous as it maintains the no claims and is less hassle. Same with the VED - how long do you reckon you won't be riding for? Unless it's a long time then what you save isn't that much. I tax mine both mine all year but the Bobber doesn't usually get used during the winter, I use the Honda for winter riding. But for what I'd save doing for 6 months I'd rather have the option of being able to use it whenever a nice day comes along. Quote Link to comment Share on other sites More sharing options...
XTreme Posted July 8, 2020 Share Posted July 8, 2020 Don't drop the insurance cover!If it gets nicked you're screwed! Quote Link to comment Share on other sites More sharing options...
Bender Posted July 8, 2020 Share Posted July 8, 2020 Errr no Quote Link to comment Share on other sites More sharing options...
Marino Posted July 9, 2020 Share Posted July 9, 2020 Anyone else considering taking their bike off the road in the current situation? 99% of the use of mine is for commuting and already hasn't moved for 10 weeks. I am now not doing that commute and won't be, likely for quite a while. My insurance expires on the 6th so I might save myself a few quid and not renew until I actually need to. I may do the same with the VED, but that will require a refund since I paid a year upfront, it's only £88 for the year so I am not sure if it's worth the hassle. Just did it few days ago, not going to use it before next spring/summer if lucky.To me no sense to pay insurance as it is sky high (don’t ask). Quote Link to comment Share on other sites More sharing options...
Bianco2564 Posted July 9, 2020 Share Posted July 9, 2020 Sorned 3 of my bikes at the end of March, been furloughed in all that time, saving about £15 or so a month, not a fortune but every penny helps as they say.Wouldn't let my insurance lapse on them though. Quote Link to comment Share on other sites More sharing options...
dynax Posted July 10, 2020 Share Posted July 10, 2020 Whether you sorn it or not, it is not worth letting the insurance lapse, too many things can happen and if you aren't covered could be expensive Quote Link to comment Share on other sites More sharing options...
Fish Posted July 10, 2020 Share Posted July 10, 2020 If you have built up some no claims bonus' letting the insurance expire up to two yers and it's still vlaid. After those 2 years you will lose it, not before so just keep the paperwork.Fish Quote Link to comment Share on other sites More sharing options...
geofferz Posted July 11, 2020 Share Posted July 11, 2020 No! I bought my bike during lockdown and have done 1500 miles on it - I ride it every morning for fun - it keeps me sane. If ever there was a time I have appreciated my bike it's lockdown. Quote Link to comment Share on other sites More sharing options...
S-Westerly Posted July 11, 2020 Share Posted July 11, 2020 Thinking about sorn on my bike as it's due at the end of the month but I'm going to be away from about the 22nd until god knows. I'll keep the insurance going though. Quote Link to comment Share on other sites More sharing options...
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