Simon v. Travelers Insurance Companies

The critical issue herein is whether plaintiff was an innocent purchaser of a stolen automobile (giving him an insurable interest in the vehicle sufficient to recover on his automobile theft policy).

FACTS

The evidence offered on trial, with respect to this issue may be summarized as follows:

The plaintiff is an experienced and apparently successful businessman in the field of life insurance. On two previous occasions while living in Ohio, automobiles had been stolen from him — one he rented and the other he owned. He had purchased the automobile involved herein through an individual known to…