Connecticut Indemnity Company v. DeGalleford

Mr.. Chief Justice Dyer,

delivered the opinion of the Court.

This case comes to this Court by grant of writ of certi-orari directed to the Court of Appeals. In this opinion the Connecticut Indemnity Company will be referred to as the insuror, and John D. DeGalleford, Jr., as the insured.

On January 22, 1968, the insuror issued its policy to insured, insuring on the basis of actual cash value, a 1967 Chevrolet and a 1962 Volkswagen against loss by theft. The policy period was for six months with the right of renewal by payment of renewal premiums. Prior to the expiration of the policy period the…