Section 4.23 Personal Property

• Library: Insurance Practice 2015

Section 379.160.3, RSMo 2000, states:

[I]n all suits brought upon policies of insurance against loss or damage by fire hereafter issued or renewed, the defendant shall not be permitted to deny that the property insured thereby was worth at the time of the issuing of the policy the full amount insured therein on said property covering both real and personal property; . . . .

In Duckworth v. United States Fidelity & Guaranty Co., 452 S.W.2d 280, 283–84 (Mo. App. E.D. 1970), the court held that, under this...