Article Date: 06/27/11

ORAL BINDER ON BUILDER'S RISK INSURANCE ENFORCED

Supreme Court of Oregon

Stuart v. Pittman

No. S058536
June 3, 2011

Overview

The Oregon Supreme Court has enforced an insurance agent's oral binder for builder's "all risk" insurance. Exclusions in the written policy did not apply to the property owner, who had been assured comprehensive coverage.

Background

John Stuart planned to construct a new residence on property he owned in Yamhill ... Log in to view the full text.

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