BRANDT v. PREMIER INSURANCE CO.


490 P.2d 984 (1971)

Alva L. BRANDT, Respondent, v. PREMIER INSURANCE CO., a California Corporation, Appellant.

Supreme Court of Oregon.

Decided November 17, 1971.


Attorney(s) appearing for the Case

Gerald R. Pullen, Portland, argued the cause for appellant. With him on the brief was Theodore Lachman, Portland.

Charles Elliott, Portland, argued the cause for respondent. On the brief were Elliott & Davis, Portland.

Before O'CONNELL, C.J., and McALLISTER, HOLMAN, TONGUE, HOWELL and BRYSON, JJ.


BRYSON, Justice.

This is an action to recover damages under the terms of an insurance policy. Plaintiff, the owner of a 27' Owens cabin cruiser, insured his boat with defendant under the terms of a "watercraft policy" which provided, in part, as follows:

"PERILS INSURED: The perils insured against hereunder are all risks of direct physical loss or damage from any external cause, * * * that have come or shall come to the hurt, detriment or damage of...

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