Well, I have just spoken with my insurance broker.
In its current state, the Pulsar is going to cost $330.00AU to insure, for 3rd party damage, fire, and theft, insured to a value of $4000.00
After the stereo and rebuild is finished, the cost to insure it, for 12 months, is going to be (wait for it..) ... $2238.00 Insured value : $11,000.
Heh.. ouch :)
