Stewart v. Helvetia Swiss Fire Ins. Co.

Citations

• 102 Cal. 218
• 36 P. 410
• 1894 Cal. LEXIS 620

Syllabus

<p>Insurance—Authority of Local Agent of Fire Insurance Company— Offer to Renew Policy.—Where the local agent of a fire insurance company has no actual or ostensible authority to contract for the renewal of a policy, a proposal made to such agent for renewal is, until communicated to and accepted by the insurance company, nothing more than a mere offer to renew the policy; and the fact that the agent promised to communicate the offer, and did not do so until after the loss, does not create a binding contract of renewal.</p>