Seitz v. Scottish Union & National Insurance

Citations

• 37 Pa. Super. 261
• 1908 Pa. Super. LEXIS 274

Syllabus

<p>Insurance — Fire insurance — Sole ownership clause — Agent—Waiver.</p> <p>Where a person takes a policy of fire insurance with the usual “sole ownership ” clause in it, he is bound to know that his policy is written on the theory that he owns the land in fee simple, and if he takes the policy knowing that he only has a lease of the property, he cannot recover in case of loss, unless the company has waived the provision as to ownership.</p> <p>While an agent of the company who knows that the insured is not the sole owner, may possibly bind the company by waiver by writing a policy with such knowledge, such is not the case as to an insurance, broker who acts as the agent for the insured in placing the policy.</p>