I'm a 20 year old student who lives in a high risk melbourne suburb, and I'm with Western QBE (ie: ING, most Credit Unions, etc use them) and I pay $2300 a year premium. However I have an excess of $700 should anything happen.

When I looked at JustCar I had a premium of $1400 but an excess of close to $3400. I went with QBE lol. Smarter option I thought.