Parnell v. Orient Insurance Co.

The opinion of the Court was delivered by

Mr. Justice Eraser.

The question in this case is the construction of Section 2718 of the Code of Raws of South Carolina, Vol. 1.

The appellant insurance company issued a policy of insurance on the house of the respondent. The value of the house as stated in the policy was $6,000, and the amount of insurance was $4,000. The loss has been fixed at $3,000. The insured claims that his policy covered his entire, loss up to $4,000, and, inasmuch as his loss was $3,000, that he is entitled to recover the full amount of his loss, to wit, $3,000. The insurance…