THIRD PARTY RISK
AN IMPOUTANT JUDGMENT
DUNEDIN, October 29. Mr Justice Kennedy has given judgment on an unusual point relating tu third party I'isk fok 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 don© by a motor-car to a motor omnibus, and the question was whether the indemnity was in respect to the sum necessarily expended to make good th© physical damage at the moment of injury or include 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 said: “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 coyered. It follows that upon the proper interpretation of the policy' plaintiff is indemnified against liability at law for the cjaims mentioned.”
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Hokitika Guardian, 2 November 1931, Page 3
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178THIRD PARTY RISK Hokitika Guardian, 2 November 1931, Page 3
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