(Download) "State Farm Fire and Casualty Company v. Argeo Limauro" by Court of Appeals of New York # eBook PDF Kindle ePub Free

July 07, 2021

eBook details

Title: State Farm Fire and Casualty Company v. Argeo Limauro
Author : Court of Appeals of New York
Release Date : January 02, 1985
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 72 KB

Description

[65 N.Y.2d 369 Page 371] Opinion OF THE COURT An umbrella policy, which covers multiple risks but offers no primary coverage as to any of them and provides that it shall be in excess of, and shall not contribute with other collectible insurance covering a loss available to the insured, except such as in excess of the limits of the umbrella policy, is not required to contribute toward a loss until the limits of a liability policy covering the injury-causing automobile as a non-owned vehicle have been exhausted. Although the latter policy's other insurance provision makes it excess over other insurance on the injury-causing vehicle, that provision is ineffective as to the umbrella policy. The order of the Appellate Division should, therefore, be affirmed, with costs.