Fire Insurance

Cover Fire Insurance
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No reason is given, or suggests itself, why a party dissatisfied with the proposed adjustment of his loss under an insurance contract, should not be remitted for a redress of his grievance, if he has a real one, to the established tribunals of justice. What is there singular in the nature of the contract, or the rights and obligations incident to it, that should distinguish it, as respects the legal rights and remedies of parties to it, 240 YALE READINGS IN INSURANCE from other contracts which ...men make in ordinary business intercourse? This law appUes solely to insurance upon buildings and real estate, and to cases of total loss. In a dispute as to value in such a case the assured has an equal, if not superior, advantage in the contention, from the friendliness of the tribunal he may resort to, and his knowledge and ability to prove value. If he wants but justice he is sure of that, and often gets more, in the courts. While recognizing the function of government to protect the weak from the oppression of the strong, I perceive no circumstance in the case under discussion for the extraor- dinary intervention of that power.

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