I ended up with cover for agreed value of $202320, $5000 excess, 8000km annual limit with MB Insurance Group for $3500. Just last week discovered the km limit doesn't work for me, they dropped it for an additional $500 premium. They are underwritten by QBE and have a QLD contact: [email protected].
So $4k. Man my $1600 with RACV is looking really good right now! Thanks though very helpful.
yeah. disappointing. or infuriating (and lacks any scientific/statistical basis). as I stated before, itinerant backpackers coming up with premiums with the seat of their pants. sadly there's no real competition in the insurance market here (or the banking market...) hence we're stuffed.