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Free Books / Real Estate / American Law Of Real Estate Agency / |  |
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Sec. 325. Agent Neglecting To Place Insurance, Followed By Loss, Liable |
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This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
An agent whose duty it is to insure the property of his principal, and who neglects to do so, is liable to the latter for any loss of property occasioned by the peril that he should have insured against. Strong v. High, 2 Rob. (La.) 103. See also Secs. 346, 349.
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