Home Insurance v. Gwathmey

Citations

• 82 Va. 923
• 1 S.E. 209
• 1887 Va. LEXIS 161

Syllabus

<p>1. Insurance Contracts— Construction.—The same rules of construction which apply to other contracts apply to these. The policy is to be construed according to its terms. There can be no resort to parol evidence except in case of latent ambiguity.</p> <p>2. Fire Insurance—Policy construed—Double insurance—Contribution —Case at bar.—Policy issued to warehouseman, limits liability to loss affecting assured’s interest in the goods, not to exceed that interest, nor the sum named in policy; and provides that goods on storage be separately insured. Depositors of such goods insured them in a different company. After loss by fire, insurer of depositors claimed that insurer of warehouseman contribute ratably to their losses—</p> <p>Held :</p> <p>Insurer of warehouseman is not liable for loss to the goods in storage. It is not a ease of double storage and contribution.</p>