1971 340's True HP?

Hi all,
I have a 71 H code Dodge Demon & they reckon it came with 275hp from the factory. I've heard a lot of Chrysler made their muscle cars hp underrated for insurance purposes. If that's true what would be a more accurate hp figure for the 340's.

Cheers,
Glenn.

I don't know but here's my story, I'm stickin to it. In the 70's in the Navy when "the first gas crunch" got underway, an unfortunate series of events ended up I decided to put a 340 into my V code 70 RR. This was a low miles, junkyard 71 340, with Hedman headers, stock cam and intake. The car was a 70 RR, 4 speed, Dana 3.54, hang on "knee knocker" AC

THAT THING would get 17.5 mpg on the highway with "uncareful" driving, and would stay right with most any 383 RR. Some of them would just scratch their heads when I lifted the 440-6 hood and there was that little bitty SB in there.

Yup. I was broke. This was right after swapping it in, before headers or aluminum valve covers, and before the AC got re-installed.