Thread: Insurance?
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Old 01-24-2010, 08:36 PM
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boxhead boxhead is offline
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Join Date: Feb 2002
Location: Alice Springs, central Australia, NT
Cobra Make, Engine: Classic revival kit (CR3181), gen III engine, T56 6 speed box, AU XR8 lsd diff
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I will get it out of the shed tonight Merv and take some pics in its rego trim.

As for the value, I just checked the Classic Revival website, Ian is quoting approx $123k for a complete car, I realise this includes paint.
But if I delete $13k for paint, that leaves $110k as a replacement value, and isnt it replacement value that the insurers look at?
(That is why I thought my estimate at $70k was fairly reasonable)

Forgive my ignorance as I really do not know, the most valuable car I have insured before this was my Prado at $40k and there was no retaining wreck or any other clauses in that.

In my eyes it is unfinished, but what is to stop someone else from wanting a "suede" finish top coat?
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