Am I liable??

[Skinbeatersam]

I did not know about the £30 insurance at the time, however mine also covered theft up to £5000, and I had a nice bike so I didn't want it stolen like my previous one

swerve onto the runway at Heathrow and cause a plane to crash into an apartment block seriously maiming and killing a few hundred then I reckon the damages will be over the insured amount.  Don't actually try this though....

This just sounds comedy. :-D