Paul v. St. Paul Fire & Marine Insurance

The plaintiff had an insurance policy insuring certain buildings on his farm against loss by fire or lightning. The policy limits the amount of recovery to the actual value of the property at the time any loss or damage occurs and in no event to exceed what it would cost to repair and replace the same. It has a lightning clause and a provision that in no case shall it include damage or loss by cyclone, tornado or windstorm. The policy covered a silo which was insured for $750.00. The plaintiff claims that on the 6th day of June, 1932, the silo was struck by lightning and split, in two. That…