Neas v. Home Fire & Marine Insurance

ESTES, District Judge.

Plaintiff brought this suit against defendant for damage to equipment which he claimed was covered by a policy of insurance issued to him by the defendant entitled “Special Floater Policy” in the amount of $21,000, for an annual premium of $445 “As per form”, which form was headed “Oil and gas well drilling rig floater” and which insured “One C-65 Wieh-Tex. * * * Well Servicing Equipment” against loss or damage, specifying certain risks insured against, one of which was (paragraph 5(d): “Derailment or collision or overturn of the conveyance upon which the described…