insurance quote/ cancellation question

northyorkguy

Well-known member
hi guys, just looking into insuring a bike in the near future...

i did a quote for motorcycle insurance through my car insurance, which is president's choice, which is through Aviva, they quoted me $1,371.00 for the season, and said i'll be paying for the insurance on a 12 month basis, which works out to about $114.25 before taxes, i told them after 6 months, the bike will be gone, and i will no longer be the owner of it, and told them that, and they still said i'll be paying on a monthly basis of $114.25 or whatever per month, and since i'll be cancelling my insurance after the 6 months, i am wonder what the cancellation fee would be, but they couldn't give me a direct answer to that, since it always changes,

so wondering what would be the cancellation fee be roughly about through Aviva.?

cause i also did an insurance quote for TD meloche, same insurance company i had last season on my previous bike, so for this season, my quote will be about $931.00 for the season, but will be paying for the season in 6 months which will be about $ 155.17...

so i am wondering what the cancellation fee could be with aviva, will it be cheaper than paying for 6 months with TD meloche..?

thanks.
 
A rough estimate is that insurance cancellation will be atleast a months payment.
 
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