Security Finance Co. v. Aetna Ins.

The desideratum of the parties to the impasse raised by these insurance contracts requires our judicial answer as to whether the exclusionary provisions contained in the policies preclude recovery by plaintiff under the facts of this case.

It is clear that the exclusionary clause in question was intended, under certain conditions, to relieve defendants from liability where the operator of the vehicle used in transporting the coins leaves the vehicle unattended. It is likewise clear that if the theft of the coins from the vehicle had occurred in the parking lot where plaintiff’s agent parked…