(Download) "Rex Hopkins and Jo Strader v. American" by Western District Court of Appeals of Missouri " Book PDF Kindle ePub Free

May 16, 2021

eBook details

Title: Rex Hopkins and Jo Strader v. American
Author : Western District Court of Appeals of Missouri
Release Date : January 21, 1995
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 77 KB

Description

Both sides have appealed the judgment rendered after a jury verdict in this suit, which was brought by an insured against his carrier, American, to stack or combine underinsured motorist benefits without offset for the recovery against the tortfeasor, as well as damages for vexatious refusal to pay. Underinsured coverage is optional from a person's own motorist carrier and pays for losses incurred because another negligent motorist's coverage is insufficient to pay for the injured person's actual losses. Geneser v. State Farm Mut. Auto. Ins. Co., 787 S.W.2d 288, 289 (Mo. App. 1989). Under the policy here, an ""underinsured vehicle"" means a vehicle to which an insurance policy "". . . applies at the time of the accident, but its limit for bodily injury liability is less than the limit of liability for this coverage."" This policy language is practically the same as in a policy involving the insurer in Nolan v. American State Preferred Ins. Co., 851 S.W.2d 720, 722 (Mo. App. 1993).