I took out a policy with AXA 2 days ago. I got Fully comp insurance.

However, after thinking about it, I would never claim for the bike if I caused an accident as the bike is worth €3500. I would be bolloxed insuring anything else if I did.

I called AXA and they said I can swap down to Third Party Fire and Theft if I want.

Question is, am I missing anything obvious here??