Shannons Insurances value

[400TT]

Originally Posted by boss290cobra

when i requested the finished agreed price of
75+k they didnt ask any questions

Personally I've always had to really struggle to get Shannons & other insurers to come to the party on the agreed value. Sight unseen I have never been able to get them to insure any of the Cobras or the GT40 I now currently own for what I consider the fair 2nd hand market price. I never got a fair value with the Cobras, but with the GT40 I am at a fair value now, but I expect a fight when I want to increase the value when the rebuild is finished. And we are not taking anywhere near replacement cost + labour.

[Beejay]

I agree guys,

A Classic Revival is about $90K or so for a turnkey, so it is a disgrace that they have only offered Paul $40K - his car is very well built and complete.

The lesson for us all is to get the agreed value in writing.

Ben