Have got several different quotes for an XR50T, most of them around the $1500 mark. Allianz wouldn't even insure it! Spoke to a guy from Elders on the phone, asked him why it's so high for a 32 year old male with a clean driving history in metro melbourne, he said it's because it's a turbo. Only option seems to be to increase the excess to something stupid to get it down to a reasonable price.