New York Court of Appeals February 16, 1906 (Donley v. . Glens Falls Ins. Co.)

*111

Vann, J.

Whatever our views might be if the question were new, we regard it as settled that where, by the same policy, different classes of property, each separately valued, are insured for distinct amounts, even if the premium for the aggregate amount is paid in gross, the contract is severable and a breach of warranty as to one subject of insurance only does not affect the policy as to the