Fireman's Fund Ins. Co. v. Haley

Citations

• 129 Miss. 525
• 92 So. 635

Syllabus

<p>1. Instjkance. Insurer held liable for value of automobile destroyed in collision with plaintiff’s machine, although plaintiff toas ex- ■ ceecling speed lato.</p> <p>Where an insurance policy provides for the payment to the insured of a certain amount of money for which the assured shall become liable to pay as damages for property injured or destroyed through collision of his automobile with another automobile, the insurance company is liable under this policy for the value of the automobile destroyed in a collision between the automobile of the insured and’ that of another party, though the insured be running his automobile at the time of the collision at a speed in excess of that allowed under the state laws, where there is nothing in the policy exempting the insurance company from liability because of the violation of these laws.</p> <p>2. Insurance. Where policy provides that claim will be paid within sixty days after proof of loss, interest may not be charged 'against the insurer prior to expiration of such time.</p> <p>Where an insurance policy provides that the claim will be paid by the insurance company within sixty days after proper proof of loss had been made to it, this amount was not due until the expiration of the sixty days, and the insurance company is not liable for interest on this amount until after that time.</p>