Jim Hawk Chevrolet-Buick, Inc. v. Insurance Co. of North America

UHLENHOPP, Justice.

Plaintiff Jim Háwk Chevrolet-Buick, Inc. (the corporation), of which Jim Hawk was an officer, owned an airplane. The corporation applied to defendant Insurance Company of North America (INA) for a property damage policy on the plane, stating that only Hawk would pilot the plane and that he had only 46 hours flying experience. Hawk held a student pilot’s license from the Federal Aviation Administration and could solo, but he did not hold a rating for instrument flights.

On September 13, 1973, INA’s agent in West Des Moines, Iowa, issued a policy. The policy was not delivered…