Bisi v. American Automobile Insurance

This action is to recover upon an automobile collision insurance policy. The principal question is whether the trial court erred in concluding that the policy covered the automobile which was damaged.

The plaintiff was a dealer in used cars. On October 29, 1948, the defendants issued to him an automobile dealers’ policy, insuring him for one year against loss by reason of “collision or upset,” in which the coverage clause, in so far as it is relevant to the case, read as follows: “1. Coverage. The policy designated above covers automobiles owned by the insured and held for sale or used in…