[Download] "Pekin Insurance Company v. Charlie Row" by Third District Court of Appeals of Indiana # Book PDF Kindle ePub Free
eBook details
- Title: Pekin Insurance Company v. Charlie Row
- Author : Third District Court of Appeals of Indiana
- Release Date : January 25, 1990
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 63 KB
Description
United Farm Bureau Mutual Insurance Company (Farm Bureau) insured an automobile owned by Joseph Lubovich; the policy containing a clause that reduced the limit of liability for permissive users to the statutory minimum requirements of the financial responsibility statute (here $25,000).[Footnote 1] A sixteen (16) year old permissive user of Lubovichs automobile, who was also fully insured under her fathers policy with Allstate, struck another vehicle from the rear, causing personal injuries to the driver of the second vehicle and property damage to his vehicle. When a lawsuit ensued, Farm Bureau paid $5000 in medical bills to the injured driver and deposited $20,000 (the balance of its liability coverage) with the court in interpleader,[Footnote 2] thus, exhausting its policy limits of liability for permissive users. Farm Bureau then filed a motion for discharge.
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