One word, 'Wesfarmers'
First car I got had a a few mods, turbo, manual and I was the soul user. 3rd party + fire and theft agreed value of about $8,000 was about $480. Full comp was still less than $1,000.
Im still with them, I have made a small claim. Somebody backed into me with no insurance, it was covered by them. Ive never had to make a big claim.