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ASSOCIATES DISCOUNT CORP. OF IDAHO v. YOSEMITE INS. CO.

No. 11006.

526 P.2d 854 (1973)

96 Idaho 249

ASSOCIATES DISCOUNT CORPORATION OF IDAHO, dba Associates Financial Services, Inc., Plaintiff-Appellant, v. YOSEMITE INSURANCE COMPANY, Defendant-Respondent.

Supreme Court of Idaho.

On Petition for Rehearing April 17, 1974.

Attorney(s) appearing for the Case

Mark B. Clark, Pocatello, for plaintiff-appellant.

Ben Peterson, D. James Manning, Pocatello, for defendant-respondent.

BAKES, Justice.

On August 21, 1969, appellant Associates Discount Corporation purchased from respondent Yosemite Insurance Company, a vendor's single interest insurance policy. The policy was purchased to protect the security interest of Associates in a 1969 Chevrolet Camaro which had been purchased by Ted Jockumsen, Jr., and which was financed by Associates. Associates paid an annual premium of $145.00 for the policy. After the retail purchaser Jockumsen made three...

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