Atlas Underwriters, Ltd. v. Meredith-Burda, Inc.

In this insurance case, we interpret deductible provisions applicable to the property damage liability portion of a policy furnishing manufacturers’ and contractors’ liability coverage.

In October 1978, Rust Control, Inc., a Roanoke contractor, was engaged in spray painting two water towers on the premises of appellee Meredith-Burda, Inc. in Lynchburg. Particles of paint were blown by wind upon motor vehicles parked by MeredithBurda employees on company property. Meredith-Burda paid about 40 persons for damage to their vehicles caused by the paint and took an assignment from each of any claim…