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Old 01-22-2010, 11:43 AM
slider701 slider701 is offline
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Join Date: Mar 2008
Location: Lantana, TX
Cobra Make, Engine: Just dreaming at this point
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The big question is what happens next? If you bought a car and it was damaged are you obligated to now take delivery? If you had a car for sale that hasn’t sold but has already been consigned over to the auction do they continue to sell it at now a reduced price or do you get it back to have it repaired. And who is covering the insurance claims? I would image the event policy would most likely be covered through Lloyd's of London due to the sheer volume of cars, people and potential liability of hosting such an event. But does Lloyd's cover it or does it fall back on the owner’s policy.

One thing is for sure………the phones we ringing off the hook at Hagerty’s this morning………and a few lawyer’s had their golf game interrupted also.
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