I had a similar experience with the insurance as it made little difference to my premium and the insurance itself was only another £40. Couple this with them ringing me a couple of times to say my bike had moved, one of which was in the early hours when both times it was locked in the garage and chained to my ground anchor was a reason not to renew after my 1st "free" year. I guess if I left it unattended in public places a lot then I'd have a rethink but I don't so the risk of getting mine stolen is relatively low so I've disconnected mine now the subscription has lapsed.