Outsurance, from car to bicycle

I drive (Drove) a Hyundai Accent 1.3 XS (1997)<br> <br> I app**** for insurance on my vehicle in early 2014.<br> My premium was calculated for a vehicle value of +- R30,000<br> <br> Less than 10 months later, I was involved in an accident and the vehicle was s****ped (even though not major damage to the vehicle).<br> I was informed that my book value has dropped to R18,000 and all I will get out is R16,000 (My premiums per year is close to R5000)<br> <br> Why do you need an insurance company that charges such high fees, you can BUY YOUR CAR BACK IN 2 YEARS....<br> <br> All the dealers in my area are selling my vehicle over R30,000 regardless of the book value.<br> <br> Outsurance has left me from driving a vehicle to consider driving a bicycle, as that is all they offer their customers..<br> <br> I was impressed with their roadside assistance, too bad that is where it stopped.<br> Its true what they say, the best way to rate your insurance is to try and claim.