you bloody moron. ok i admit it. i did the same only the bike shop installed the reserve switch backwards. just wait for a hill start in peak hour traffic and then it stalls.
as for insurance, i'm an old fart so i pay 800 for my blade valued at 15k
my fizzer was around 300 a year for third party only. try swann insurance but they are pricks. NRMA is better but more expensive and i use Arista but they are an underwriter and will be expensive for high risk riders