(DOWNLOAD) "Townsend v. State Farm Mut. Auto. Ins. Co." by Supreme Court of the State of Oklahoma # Book PDF Kindle ePub Free
eBook details
- Title: Townsend v. State Farm Mut. Auto. Ins. Co.
- Author : Supreme Court of the State of Oklahoma
- Release Date : January 28, 1993
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
1 This case raises one issue: Does an insurers duty to act in good faith and deal fairly with its insureds extend to a class 2 insured passenger covered by a named insureds uninsured motorist policy? The question is answered in the affirmative. Toby Townsend was a covered passenger in a car owned by Abner Penn and driven by his son Michael. Penns car was struck by a car driven by Lee. Lee had liability coverage up to $50,000, but Townsend incurred over $900,000 in damages from the collision. Townsend filed a claim with Penners uninsured (underinsured) motorist carrier, State Farm Mutual Insurance Company (State Farm) seeking the $25,000 policy limit amount.