THIRD PARTY RISK
AN POINT
(By Telegraph.—Press Association.) DUNEDIN, 29th October. . Mr. Justice Kennedy has given judgment on an unusual point relating to third party risk, for motorists. The matter came before the Court as an application for an order to determine whether upon the construction of the insurance policy the defendant was bound to indemnify the plaintiff. Damage was done by a motor-car to a motor omnibus, and the question was whether the indemnity was in respect to a sum necessarily expended to make good the physical damage at the moment of the injury, or included the damage resulting to the. owner of the motor omnibus through being deprived of the use of the omnibus while repairs were being effected.
His Honour stated: "I think that the indemnity does cover what is termed 'third party property risk' in. accordance with the heading used in the policy, and that the whole and not merely part of that risk is covered. It follows that upon a proper interpretation of the policy the plaintiff is indemnified Bgainst liability at law for the claims mentioned."
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Bibliographic details
Evening Post, Volume CXII, Issue 105, 30 October 1931, Page 8
Word Count
182THIRD PARTY RISK Evening Post, Volume CXII, Issue 105, 30 October 1931, Page 8
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