Jacob Sincoff Et Al. v. Liberty Mutual Fire Insurance Company

Upon discovering that carpet beetles had damaged a pair of antique armchairs, an 18th Century Aubusson tapestry, and an expanse of imported broadloom carpeting, plaintiffs commenced this action for indemnity under an ""all-risk"" personal property floater insurance policy. The policy insured to total limits of $382,818 all ""personal property owned, used or worn by the persons in whose name this policy is issued, hereinafter called the Insured, and members of the Insured's family of the same household, while in all situations, except as hereinafter provided"" against ""all risks of loss of or damage to property covered, except as hereinafter provided."" Excluded by paragraph 6 (g) were losses caused by ""deterioration, moth, vermin and inherent vice"".