Kretschmer's House of Appliances, Inc. v. United States Fidelity & Guaranty Co.

CULLEN, Commissioner.. The question is whether the loss sustained by appellant appliance dealer by reason of the disappearance of several thousand dollars’ worth of new television sets from appellant’s warehouse is covered by qppellant’s “Special Multi-Peril Policy” with appellee insurance company. The circuit court said “no” and entered summary judgment for the insurer. The insured has appealed.

The policy contained this clause:

“M. Premises Burglary or Robbery: Loss by burglary shall cover the felonious abstraction of insured property * * * from within the premises by a person making…