Legal Opinion
National Bank of Fredericksburg v. Virginia Farm Bureau Ins.
Supreme Court of Virginia
Decided January 14, 2005No. Record 040418PublishedCited by 3 opinions
1Opinion of the Court
RUSSELL, Senior Justice.
This appeal presents the question whether an insurance company, by giving a notice of renewal of an automobile policy containing a "union mortgage clause" to a lienholder, provided a separate and independent insurance of the lienholder's interest that would survive the lapse of the underlying policy caused by the insured's failure to pay the renewal premium.
Eric Adams and his wife, Carrie Lynn Adams, (the Adams) owned a 1997 Chevrolet Tahoe that they insured with Virginia Farm Bureau Fire and Casualty Company (the Insurer). The car was subject to a lien securing a loan…
2Cases cited4 opinions
- W.J. Schafer Associates, Inc. v. Cordant, Inc.Supreme Court of Virginia · 1997
- General Motors Acceptance Corp. v. Western Fire Insurance Co.Missouri Court of Appeals · 1970
- New Brunswick Fire Insurance v. Morris Plan BankSupreme Court of Virginia · 1923
- Iowa National Mutual Insurance Co. v. Central Mortgage & Investment Co.Colorado Court of Appeals · 1985
3Cited by3 opinions
- Carazani v. ZegarraDistrict Court, District of Columbia · 2013
- Wells Fargo Equipment Finance, Inc. v. State Farm Fire & Casualty Co.District Court, E.D. Virginia · 2011
- WILMINGTON TRUST, NATIONAL ASSOCIATION v. NATIONAL GENERAL INSURANCE COMPANYDistrict Court, M.D. North Carolina · 2021