Coverage Without Title -- Missouri Law

In an automobile policy, title is not necessary for coverage, only an insurable interest.  Insurable interests include use and pecuniary interest without title or even possession.  Appellants’ payment for and investments in RV constituted such interests.  Directed verdict on appellants’ counterclaim for breach of contract and vexatious refusal to pay reversed. 
American Family Mutual Insurance Co., Respondent, v. Pamela C. Coke and Ward Ferrell, Appellants.
(Overview Summary)

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