(DOWNLOAD) "Cagle V. Home Insurance Co." by Arizona Court of Appeals # Book PDF Kindle ePub Free
eBook details
- Title: Cagle V. Home Insurance Co.
- Author : Arizona Court of Appeals
- Release Date : January 13, 1971
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 61 KB
Description
In this appeal a contractor's tractor and backhoe was totally destroyed while it was being transported to a construction site on a truck and trailer owned by the appellant-motor carrier. The appellant-motor carrier's insurance company settled the claim by paying the contractor the purchase price of a new tractor and backhoe, while specifically agreeing with the contractor that the settlement covered, "property damage only and does not constitute a release of any loss of services." The contractor then brought suit against the appellant for the rental value of replacement equipment and recovered a judgment. Appellant then sued the insurance carrier in the case at bar and lost when the trial court entered summary judgment in favor of the Insurance Co. The question for review is whether the insurance contract did, in fact, include coverage for the loss of services of the tractor and backhoe. We hold that it did not and affirm the summary judgment entered by the trial court.