Russo & Steele Faces Lawsuits

[al8apex]

wow!

"Phoenix attorney Robert Greer is representing 22 owners, who collectively have about 50 cars. Those vehicles were uninsured. Damaged cars included a 1974 DeTomaso Panterra, 1956 Cadillac and 1979 Mercedes 280 SLC.

<span style="font-weight: bold">Greer said it is a common practice for car collectors to go without insurance because they carefully store their vehicles and rarely drive them.</span>&quot;

huh????

Collector car insurance is CHEAP, that is why we all have it (I thought)

what kind of lame brain does not have AT LEAST collector car insurance on their car(s)? It could be stolen, the water pipes in their garage could leak, LOTS of other reasons to have insurance. Maybe it was just the &quot;flippers&quot; that didn't have insurance ...

and then:

&quot;O'Connor (atty for RS) said that the car owners who have sued are ignoring the consignment contract that requires arbitration for any disputes with Russo. The contract also requires owners to insure their vehi- cles.&quot;

So the consignment contract states the owners have to have insurance, that is the end of that suit IMHO