Hi,
Stephano makes a very good point, your deposit (£350 refundable RAC deposit) and 50% of your insurance premium are refunded on return of your carnet to the RAC (it takes a few weeks to process). As long as you have 'in' and 'out' stamps for all countries requiring a carnet, you should get your refund back even if the bike is not in the UK.
If I remember right the RAC organised my insurance with R.L. Davison for me, I just sent my cheque to them.
Your estimate of the cost sounds about right.
The RAC did not ask me for any verification of the bike's value, they took my word for it.
Matt
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