Roswell Trailers, Inc. v. Potomac Insurance

OPINION

SOSA, Justice.

Plaintiff-appellant Roswell Trailers, Inc. (hereinafter plaintiff) brought this action in the District Court of Curry County to recover against defendant-appellee Potomac Insurance Company (hereinafter defendant) on a claim based on the terms of an inland marine all-risk floater insurance policy issued by defendant for damage to plaintiff’s inventory of mobile homes.

The facts reveal that plaintiff is in the business of buying mobile home units at wholesale and reselling them at retail. To protect its inventory against a range of damage and loss, plaintiff purchased from…