Everything is insurable, you just need to know what you are willing to pay...
i bet he didn't contact shannons though, I was able to do an agreed value on my S for less than 140 per year, it was agreed miles (4 thousand or so)and that sure isn't the best deal I have heard.
I've heard of the skinner stickers popping up on old cars, someone had one on here a long while back and was asking about them.
EDIT: It was also the very badly chosen name for an undertaker that used to advertise on the Gailes bend of the ipswich motorway....
It always used to crack me up. I wonder what they made with the leather?