Motorcycle insurance can be a big cost, especially if you have to fork out for your annual premium in one go.
Fortunately motorbike insurance intermediaries often give you the option of paying monthly to spread the cost.
But what happens if you have a big crash and your bike is written off after three months through no fault of your own?
Should you still be paying hundreds of pounds for motorcycle insurance you no longer need?
The answer is yes because insurance is an annual contract you enter into with the company, regardless of whether you make a claim or not, and if the company didn't offer the chance to spread payments you would have already shelled out the full premium.