Straw v. Integrity Mutual Insurance Co.

Defendant insurance company claims it is discharged from liability by reason of the following clause in the insurance policy:

“Chattel Mortgage. Unless otherwise provided by agreement in writing added hereto, this company shall not be liable for loss or damage to any property insured hereunder while incumbered by a chattel mortgage, and during the time of such incumbrance this company shall be liable only for loss or damage to any other property insured hereunder.”

The policy in question was a standard form policy authorized to be issued in the state of Wisconsin. It is conceded that no notice…