ANTHONY JOHN SHARP AND ROARER INVESTMENTS LTD. v. SPHERE DRAKE INSURANCE PLC MINSTER INSURANCE CO. LTD. AND E. C. PARKER & CO. LTD. (THE “MOONACRE”)

[1992] 2 Lloyd's Rep. 501

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. A. D. Colman, Q.C. (Sitting as a Deputy Judge of the High Court)

Insurance (Marine) - Exclusion clause -Constructive total loss of vessel -Plaintiffs claimed under policy - Whether insurance excluded at time of loss because vessel being used as a houseboat during period when she was laid up.