Quote Originally Posted by maxsandman View Post
mmmmm..... &
...........

we have a Shannons "Cars, Coffee, Conversation". every second Friday nite & sunday morning @ Bunnings here, and the guy that turns up with the Shannons trailer, marque and signs, drives a HZ sedan with "prem" badges, and a LS1. said he has a Holden body of some kind?
not a runner, insured as "restoration project" for 30 grand. (and I should do the same with my 20+ Holden cars I have stored)
Now as I see it there is no "market value" it is all about what you are willing to pay in premiums.

Sorry for any preduce?, but insurance companies are still making money and laughing all the way to the bank


i suppose insuring a project with no rego is a little like insuring a house. it's only subject to real risk from weather and fire. theft of a car that's laid up is quite unlikely (model dependant). you can insure a house worth 400,000 here for under a grand. SGIO wanted $500 to insure a ute for $40,000. maybe not a great comparison but its all about risk and reward for any insurer.