Legal Opinion
Castle Cars, Inc. v. United States Fire Insurance
Supreme Court of Virginia
Decided January 16, 1981No. Record 781705PublishedCited by 11 opinions
1Opinion of the CourtPoff, J.
This appeal poses the question whether a bona fide purchaser for value has an insurable interest in stolen property.
The facts are stipulated. Castle Cars, Inc. (the dealer), bought a used car for $2600 and received the seller’s assignment of a title certificate issued by the Division of Motor Vehicles. That night the car was stolen from the dealer’s lot. The dealer filed a claim under the theft provisions of its garagekeeper’s liability insurance policy with United States Fire Insurance Company (the insurer). The insurer paid the claim, and the dealer assigned the title certificate to the…
2Cases cited10 opinions
- Reznick v. Home Insurance Co.Appellate Court of Illinois · 1977
- Barnett v. London Assurance Corp.Washington Supreme Court · 1926
- Skaff v. United States Fidelity & Guaranty CompanyDistrict Court of Appeal of Florida · 1968
- Tilley v. Connecticut Fire Ins.Supreme Court of Virginia · 1890
- Scarola v. Insurance Co. of North AmericaNew York Court of Appeals · 1972
5 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Snethen v. Oklahoma State Union of the Farmers Educational & Cooperative UnionSupreme Court of Oklahoma · 1983
- Tiger Fibers, LLC v. Aspen Specialty InsuranceDistrict Court, E.D. Virginia · 2009
- Hall, Inc. v. Empire Fire & Marine InsuranceSupreme Court of Virginia · 1994
- Snethen v. OKL. UN. OF FARMERS EDUCATIONAL & CO-OP. UN.Supreme Court of Oklahoma · 1983
- Nationwide Insurance v. DudleyNorfolk County Circuit Court · 2000
6 more not listed; retrieve them via the Exa API.