Ask Question
21 December, 19:50

GavelCo Insurance sells an insurance policy to Barry in the state of Colorado. GavelCo violates a Colorado state statute when doing so. Later Barry gets into a dispute with GavelCo over coverage of the insurance policy and wants to enforce the insurance contract. The insurance contract will be:

+5
Answers (1)
  1. 21 December, 23:44
    0
    enforceable by Barry, the purchaser, and he can recover from the insurer if applicable.

    Explanation:

    GavelCo has violated a statute when it sold the insurance policy to Barry in Colorado. If due to this failing on the part of GavelCo Barry has an issue with the insurance coverage, he has a right to enforce the insurance contract on GavelCo.

    If there is a coverage he is entitled to he can recover it from GavelCo.

    Even when an insurer violates a statute when issuing insurance, the purchaser can still recover from the insurer.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “GavelCo Insurance sells an insurance policy to Barry in the state of Colorado. GavelCo violates a Colorado state statute when doing so. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers