Found this on another site.

Last Thursday Scottsdale Az. Over $3Mil in estimated damages and rising.

OPEN AT YOUR OWN RISK!!!

Story:
http://www.azcentral.com/news/articles/2010/01/22/20100122storm-hits-scottsdale-car-shows-CR.html

Slide Show of Damage:
https://sites.google.com/a/allclassicsllc.com/www/home/2010-russo-and-steele-damages

 

 

Holy Smokes!!!!!!!!!

 

Insurance agent said about 5K per car????! Looked like a lot more than that! Even if that was just an average! WOW!

 

There was a nice '68 Shelby KR vert in there, lots of real nice cars, some definetly got it worse than others... I'm trying to figure out how rain damaged that fender on the last pic... lol

 

That is certainly painful to look at. I feel for the owners. I also agree that the $5K per car is pretty optimistic for the insurance company. There is some severe damage to some rare cars. I don't even know if parts would be available to repair some of them and I'd bet a couple are totalled. It's a sad situation altogether.

 

Don't like to see any classic vehicle damaged.

(I think I saw a few Bondo Chunks Missing

 

It's not like that storm was unexpected, it was predicted for over a week. If R&S were using their heads they'd have cancelled or moved it indoors somewhere. This is about the third time pole tents have damaged classic cars in a couple of years.

 

I work in the insurance collision industry. When I read the same statement of $5k per vehicle and looked through the photos, I thought to myself that the amount predicted is very conservative. It'll cost $5k just for the paint on some of the vehicles.

As I've stated on the other message board where I borrowed the links from, there'll be a lot of good looking vintage cars at salvage auctions in the next few months. I'll be keeping an eye out for them.

 

Here's some "before" pics
Featured Automobiles - - Russo and Steele

I wonder who is going to have to pay (whose insurance company? When it comes down to it this was an "act of God". I'll bet the car owners had to sign release forms when they put their cars in the auction (and if not I'll bet all the auctions will require them from now on)

Some of that damage is incredible, the punctures are crazy. There is quite a bit of filler on some of those cars.

Bobby

 

yea is for sure at least a couple of them are that are more than likely totaled the way the roofs got smashed and messed up the door pillars and everything. the black mustang fast back with the roof messed up made me wanna cry.

 

https://sites.google.com/a/allclassi...steele-damages
some car were all ready sold and had no ins on them..

 

Generally, with most insurance policies, "Acts of God" are not covered events. So, Russo and Steele's insurance company will likely press that exclusion. It will then come down to each individual vehicle's insurance company that will foot the bill for the repairs or total loss settlements. They'll then try hard as heck to subrogate against R/S's insurance policy. That'll be a battle in itself. That's why it's always a good idea to carry collision and comprehensive coverage on your vehicles.

Also, when you buy a vehicle, most of the policies allow you 30 days to add a vehicle to the policy. Most of the time, the same coverages will apply to the newly purchased vehicle as what you had on other insured vehicles at the time. So, the new owners that just bought their car(s) and didn't have time to add to their policy, can likely still have coverage as long as there was "intent" to add the vehicle to the policy.

Lastly, owners of non-covered vehicles can always sue R/S for damages if their insurance denies coverage. However, this isn't a safe bet to recovery.

I'm sure that Hagerty, Grundy and any other insurance carriers involved, as well as Russo and Steele, will find a way to cover the losses, because, otherwise, it would be bad p/r on them.

 

You would think the company that put up the tent has to be responsible in someway. It should have been able to take the high winds. They knew the weather was coming.

 

Well, I would say that the auctioneers lawyers are goingt to be very busy over the next few months - writing checks.

This wasn't an "Act of God." An "Act of God" is something that was irrefutably un avoidable under all circumstances. An "Act of God" is when you are walking across the street and get stuck by lightning on a clear day, or an earthquake stikes and your car falls (withthe bridge) onto another car.

As Ross mentioned, this storm had been fore cast in sufficient time to cancel the event. The storm had already given everyone a very definate indication of it's power for five days in California. Record Rain and gale force winds. Not forecast but actual conditions.

The fact that the sponsors did not cancel the event based on the information at hand, or did not move the event to something not succeptable to the oncoming weather makes them culpable. That's just STUPID!

Also, I'm sure that since the tent landed on the highway, there will be a Department of Public Safety investigation. They will have to ascertain if the tent was "rated" for the forcast winds and properly secured. Was there a "High Wind Advisory" in effect. If so, again this makes the sponsor liable.

I know how I felt when the nose of my truck got "dinged." And I'll bet these folks are just sick!

I'd be sending them a bill for repairs based on a high end estimate from my custome repair shop, and if there was so much as a flinch or a "boo" I'd have these guys in front of a judge in a second - release or not.

Of course the other side of the coin is I would probably have demonstrated the God given intellignece to stay out of that kind of weather with my classic vehicle as well. I'd be thinking about hail, etc. on the drive to and from, and so on!