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Our adoption of the “injury-in-fact” trigger for the policies at issue is consistent with our holdings in U.S. Fidelity & Guaranty Co., Inc. v. Johnson Shoes, Inc., 123 N.H. 148 (1983), and Peerless Insurance Co. v. Clough, 105 N.H. 76 (1963).

Co., 114 N.H. 704, 327 A.2d 608 (1974); Peerless Insurance Co. v. Clough, 105 N.H. 76, 193 A.2d 444 (1963).

As it is, a reasonable person in the position of the insured would read the policy language in this case to allow stacking if the injury occurred while the insured occupied “a non-owned automobile.” Peerless Insurance Co. v. Clough, 105 N.H. 76, 193 A.2d 444 (1963).

Brown v. Laconia, 118 N.H. 376, 386 A.2d 1276 (1978); Peerless Insurance Co. v. Clough, 105 N.H. 76, 193 A.2d 444 (1963).

Co. v. State Motors, Inc., 109 N.H. 120, 125, 244 A.2d 64, 67 (1968); Peerless Ins.

Co. v. Clough, 105 N.H. 76, 78, 84, 193 A.2d 444, 446, 449-50 (1963); accord, Atwood v. Hartford Accident & Indem.

Peerless Insurance Co. v. Clough, 105 N.H. 76, 78, 84, 193 A.2d 444, 446, 449-50 (1963).

While this court is the final authority on the interpretation of deeds and contracts (Peerless v. Clough, 105 N.H. 76, 193 A.2d 444 (1963)), “[i]n the interpretation of a contract the findings of the trial court based upon evidence of the surrounding circumstances are findings of fact which are binding in this court if supported by the evidence.” Copeland Process Corp. v. Nalews, Inc., 113 N.H. 612, 615-16, 312 A.2d 576, 579 (1973)

Both Lumbermens Mutual Casualty Company v. Pattee, 108 N.H. 298, 234 A.2d 537 (1967), and Peerless Insurance Company v. Clough, 105 N.H. 76, 193 A.2d 444 (1963), dealt with a completed operation exclusion joined with product hazard in a single provision.

Since we are bound to interpret the policy as would “a reasonable person in the position of the insured,” Peerless Insurance Co. v. Clough, 105 N.H. 76, 79, 193 A.2d 444, 447 (1963), we cannot adopt Merchants’ construction that this exclusion precluded Transformer from any coverage for losses occasioned by its negligence.

In Peerless Insurance Company v. Clough, 105 N.H. 76, 193 A.2d 444 (1963), the exclusion in a policy issued to the defendant contractor was held inapplicable, since the damaged premises were not in his control at the time when the damage occurred.