Ranger Insurance Co. v. Ernest Lamppa

This cause is here as a result of summary judgment being granted in favor of the appellee, Ernest Lamppa, d/b/a World Adventurers Travel Club (Lamppa), and against appellant Ranger Insurance Company (Ranger), for a claim of loss under an all-risk insurance policy covering a DC-7C aircraft leased by Lamppa. The sole question on appeal is whether the loss is covered by Coverage F or Coverage G of the policy in question. If Coverage F is applicable, as found by the trial court, the judgment must be affirmed; if Coverage G governs, Lamppa cannot recover since the deductible for losses under Coverage G is $5,000 and the stipulated amount of the loss here is $4,000.