the problem is for younger drivers more than for people with poor driving records. I think your getting ripped off if your paying thousands to insure your car for market value. market value for newly imported cars doesnt include the import tax, which is about 25% of what you pay for the car, so it is a significant amount.
for me it is a toss up between 2500 for full comp at famous during the day plus 3 party property with just cars to cover other times. or, simply 3rd party fire and theft all the time for 800.
tough choice, but first option is better for peice of mind, especially to cover theft.