Legal Opinion
Grady v. Home Fire and Marine Ins. Co.
Supreme Court of Rhode Island
Decided January 26, 1906PublishedCited by 11 opinions
Assumpsit. The facts are stated in the opinion. Heard on defendant’s petition for a new trial.
1Opinion of the CourtJohnson, J.
The action was upon a policy of fire insurance which contained the following provisions:
“This company shall not be liable beyond the actual cash value of the property at the time any loss or damage occurs, and the loss or damage shall be ascertained or estimated according to such actual cash value, with proper deduction for depreciation however caused, and shall in no event exceed what it would then cost the insured to repair or replace the same with material of like kind and quality; said ascertainment or estimate shall be made by the insured and this company, or, if they differ, then by…
2Cases cited17 opinions
- Hamilton v. Liverpool, London & Globe InsuranceSupreme Court of the United States · 1890
- United States v. RobesonSupreme Court of the United States · 1835
- President of Delaware & Hudson Canal Co. v. Pennsylvania Coal Co.New York Court of Appeals · 1872
- Reed v. Washington Fire & Marine InsuranceMassachusetts Supreme Judicial Court · 1885
- Carroll v. Girard Fire Insurance of the City of PhiladelphiaCalifornia Supreme Court · 1887
12 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Norwich Union Fire Ins. Soc., Limited v. CohnCourt of Appeals for the Tenth Circuit · 1933
- Waradzin v. Aetna Casualty & Surety Co.Supreme Court of Rhode Island · 1990
- North British & Mercantile Insurance v. Robinett & GreenSupreme Court of Virginia · 1911
- Fire Ass'n v. AppelOhio Supreme Court · 1907
- League City v. Texas Windstorm Insurance Association, Texas Court of Appeals, 1st District (Houston)2015
6 more not listed; retrieve them via the Exa API.