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FIRST-CITIZENS BANK & TRUST CO. v. UNIVERSAL UNDWRTS. INS. CO.

No. 933SC174.

440 S.E.2d 304 (1994)

113 N.C. App. 792

FIRST-CITIZENS BANK & TRUST COMPANY, Plaintiff-Appellant, v. UNIVERSAL UNDERWRITERS INSURANCE COMPANY, Defendant-Appellee.

Court of Appeals of North Carolina.

March 1, 1994.

Attorney(s) appearing for the Case

Ward and Smith, P.A. by Louise W. Flanagan, Greenville, for plaintiff-appellant.

Wallace, Morris, Barwick & Rochelle, P.A. by Stuart L. Stroud, Kinston, for defendant-appellee.

EAGLES, Judge.

Plaintiff brings forward one assignment of error. After a careful consideration of the briefs and record, we reverse and remand.

Plaintiff argues that the trial court erred by granting summary judgment for defendant. We agree.

Under the section entitled "Unicover Coverage Part 300 Auto Inventory Physical Damage" of the policy issued by defendant to Sigmon Chevrolet, the following terms appeared:

"AUTO" means any type of land...

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