Legal Opinion
Lee v. Hamilton Fire Insurance
New York Court of Appeals
Decided July 11, 1929PublishedCited by 6 opinions
1Opinion of the CourtHobbs, J.
The plaintiff insured his new automobile truck with the defendant insurance company for $5,720. The trial court has decided that the policy covering the truck is a valued policy, that there was a total loss of the truck by fire, and has awarded judgment to the plaintiff for the amount of the policy. Before this action was commenced, appraisers selected by the parties had fixed the sound value of the truck at the time of the fire at $3,700 and the loss and damage at $2,700.
A valued policy is one in which the words “ valued at ” appear and the amount at which the property insured is “ valued at…
2Cases cited5 opinions
- Empire Development Co. v. Title Guarantee & Trust Co.New York Court of Appeals · 1918
- Seyk v. Millers' National InsuranceWisconsin Supreme Court · 1889
- Michael v. Prussian National InsuranceNew York Court of Appeals · 1902
- Hartford Fire Insurance v. Bourbon County CourtCourt of Appeals of Kentucky · 1903
- Phœnix Insurance v. McLoonMassachusetts Supreme Judicial Court · 1868
3Cited by6 opinions
- Feinbloom v. Camden Fire Ins. Co.New Jersey Superior Court Appellate Division · 1959
- Naiman v. Niagara Fire InsuranceAppellate Division of the Supreme Court of the State of New York · 1955
- Gerhard v. Boston Ins. Co.District Court, E.D. Pennsylvania · 1951
- Auto-Owners Insurance Co. v. Second Chance Investments, LLCCourt of Appeals of Minnesota · 2012
- Quaker Hills, LLC v. Pacific Indemnity Co.Court of Appeals for the Second Circuit · 2013
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