Thurber v. Royal Insurance

Citations

• 15 Del. 251

Syllabus

<p>Insurance*. Statutes*—Where subsequent insurance upon real estate is effected upon a larger value than that fixed in the policy sued upon, and in the same policy personal property is insured, all insurance upon the real estate is void; but the insurance upon the personalty is not void, the amount of insurance being separately and specifically named in each case.</p> <p>Same* Construction*—The act of March 2, 1889, known as “the valued policy law,” is a quasi penal statute and to be strictly construed.</p>