Value for insurance

[Christien]

Just looking at some prices of other longhoods, and wondering if I should up my coverage. I'm currently covered for $34k. What do you guys think? Here are details:

1972 911t, originally sold in Germany, imported to Canada in the 80s. Several owners, I'm at least the 5th or 6th, but I have no records from Germany.

190,000 km, though it's only a 5-digit odometer, so I can't confirm for sure.

1982 3.0L engine, bought from a Pelican in Seattle 3 years ago, PPI by John Walker showed decent but acceptable compression and leakdown #s. 150k miles on it at the time. Original #s matching 2.4L engine (confirmed by Porsche) is on my garage floor, needs a rebuild. Runs fine, but smokes on acceleration and is tired.

Partial RS Clone: fibreglass ducktail, steel SC flares welded on the rear, 15x7s and 8s, but no front flares or decals.

I've owned the car since 2004 and have done a ton of work on it. Here's the good and bad list:

bad:
-rust in the front trunk, just in front of the right spare tire well, 1/2" x 3" hole.
-jack pad inserts are rusted
-rust in suspension pan mounts (hopefully I'll get that fixed this coming winter)
-6/10 paint. PO did a Maaco respray. It's not bad, but definitely a 5 footer.
-ducktail is not a perfect match paint job. It's only noticeable in full sun, but still not perfect. (I have the original decklid)
-small rust bit under the paint at the front lower corner of the pass. door (winter project - not sure how big it is, but it's not rusted through to the inside of the door skin at least)

good:
-all records since I bought it in Oct/04, meticulous maintenance
new interior 2012 (cloth seats, new RS leather door panels, all new carpet)
-factory S options, including front spoiler (steel), gauges and S front calipers
-rebuilt transmission 2008
-rebuilt webers 2009
-new Weltmeister front sway bar 2009
-all-new MSD ignition (CD box and coil) 2009
-new clutch 2008
-Weltmeister Cambermeister front strut brace
-Bursch sport exhaust 2007
-Speedo repaired and recalibrated by North Hollywood Speedo, new cable 2008
-Porsche short shifter and later 915 shifter base 2009 (still have original)
-new motor/transmission mounts, winter 2008
-new shocks/ball joints 2006
-new fuel pump 2005
-new master cylinder 2005
-replaced all shifter bushings, throttle shaft bushing 2005
-soft brake hoses replaced 2007
-oil return tube replaced 2009
-gas tank removed and cleaned 2009

I'm not looking to sell, just want to make sure I've got adequate coverage on it. With the way longhood prices have been going, it seems I can't keep up with them.

[COLB]

values on these vary wildly based on condition and originality. Nice T drivers (not concours or "survivor-class" cars) seem to trade in the $40-65k range. More for interesting, desirable colors.

The issue is always rust.

Sounds like your car needs (optimistically) $15-20k in body, paint, and engine work to get to a solid retail condition, which makes your insurance valuation about right -- maybe a little on the low side.

That is a SWAG -- pictures are always helpful.

[Christien]

Mine would be a decent to nice driver. I'd say it's in pretty average shape for a non-concours car. Original colour is 018 tangerine, so very desirable, if someone were to ever want to return it to original, however that doesn't matter at all to me.

$20k would bring it to a concours-level car, I'd think.

Lots of pics are here from when I had it up for sale a few years ago. Very glad it didn't sell These pics are before the new interior was done.
http://forums.pelicanparts.com/porsche-cars-sale/528864-fs-1972-911t-w-extra-engine.html

[Uncle Enzo]

I'll give you 20k once the time machine im working on is finally done I'll just head on back and make the offer.

[Christien]

Amazing what 4 years will do, isn't it?

[COLB]

$20k would bring it to a concours-level car, I'd think.

I think it would take two to three times that...or more.

Not trashing your car by any means -- but it is a long, expensive way away from being condition 1.