South Carolina Farm Bureau Mutual Insurance v. Courtney

SHULER, Judge:

In this declaratory judgment action, the trial court found the automobile insurance policy on a replacement vehicle was not “similar” insurance sufficient to invoke the automatic termination clause in the replaced vehicle’s policy. South Carolina Farm Bureau appeals. We affirm.

FACTS/PROCEDURAL HISTORY

In the summer of 1997, William Courtney owned two automobiles, a 1997 Saturn and a 1995 Chevrolet Camaro. Farm Bureau insured both vehicles in separate policies. Each policy contained personal liability and underinsured motorist coverage (UIM) in limits of $100,000 per person and…