Thank you both for the replies. ni5m0, I noticed with the adjustable excess and premium most insurers offer the price of the premium and excess usually amount to the same price, so I will be taking your advice and getting a lower premium and higher excess and from there if I don't crash I'll have saved myself a considerable amount of cash.
itsRICHARD, I looked further into RACV insurance and found them to be the cheapest by far. What some of the other companies offer is a complete joke.