Disclaimer: Links on this page pointing to Amazon, eBay and other sites may include affiliate code. If you click them and make a purchase, we may earn a small commission.
I guess I'm the only one who thinks that's too insignificant to care about? If it gets worse, maybe do something, but as is I wouldn't lose any sleep.
Honestly to me it looks like you just scraped the insulation; it doesn't look deep enough to be bare wire, or are my eyes deceiving me?
If so, I'd carefully tuck it back in and not worry. Your 1994 should have the plastic spacer ring instead of the earlier model metal ring, which was prone to chafing the wires and shorting them out.
Richard