(Download) "United States Fidelity & Guaranty Co. V. Budget Rent-A-Car Systems Inc." by Colorado Supreme Court * eBook PDF Kindle ePub Free

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eBook details

Title: United States Fidelity & Guaranty Co. V. Budget Rent-A-Car Systems Inc.
Author : Colorado Supreme Court
Release Date : January 01, 1992
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 84 KB

Description

We granted certiorari to determine whether the court of appeals, in United States Fidelity & Guaranty Co. v. Budget Rent-A-Car Systems, Inc., 829 P.2d 478 (Colo. App. 1991), erred in holding that an automobile rental company's rental agreement, providing for liability and other automobile insurance coverages required by the Colorado Automobile Reparations Act, and the lessee's automobile insurance carrier were co-primary insurers, and whether the court of appeals erred in apportioning liability based upon policy limits. We disagree with the court of appeals' interpretation of the rental agreement and, accordingly, reverse and return this case to the court of appeals with directions to remand it to the district court for further proceedings consistent with this opinion. Because of our Disposition of this issue, we do not address the question of the proper method to apportion liability between two co-primary insurers.