State Auto. Mut. Ins. Co. v. Cox

Opinion op the Court by

Judge Knight

Affirming.

On January 25, 1947, appellant issued to appellee an insurance policy covering a 1946 Chevrolet sedan which the latter had purchased from a dealer a month before. In addition to the liability and property damage, which are not involved here, the policy covered loss by theft, the limit of liability as to theft being the “actual cash value” of the automobile and expenses incurred in the hire and use of a substitute car not exceeding $150. About six months later the car was stolen from the garage of appellee and the parties being unable to agree on…