WARD v. GRESHAM


92 A.D.2d 468 (1983)

Raymond Ward, Respondent, v. George K. Gresham et al., Respondents, and State Farm Insurance Company, Appellant State Farm Mutual Automobile Insurance Company, Sued Herein as State Farm Insurance Company, Third-Party Plaintiff-Appellant, v. Kings Premium Service Corp., Third-Party Defendant-Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

February 8, 1983


Defendant-respondent George K. Gresham entered into a premium finance agreement with Kings Premium Service Corp. under which he obtained an automobile liability insurance policy from defendant-appellant State Farm Insurance Company, effective June 27, 1979. Although Gresham made an initial down payment, he failed to meet any further installments. On August 6, 1979, Kings Premium sent Gresham a notice of intent to cancel if payment was not received by August 22.

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