Chapman v. Auto-Owners (Mutual) Insurance Co.

Chapman, an automobile dealer, appeals from the grant of summary judgment for Mutual and from the denial of his own motion for summary judgment. His two points on appeal involve the construction of an exclusion in a policy he maintained with Mutual. Affirmed.

Chapman’s “Dealer’s Blanket Policy,” for which he paid Mutual a quarterly premium of $438.00, on the automobiles he held for sale and resale, provided that it did “not cover: (c) loss suffered by the insured in ease he voluntarily parts with title to, possession of or custody of any automobile at risk hereunder, if induced to do so by any…