Supreme Court of Florida

Florida Statutes section 627.702(1), referred to as the Valued Policy Law, does not require an insurance carrier to pay the face amount of the policy to an owner of a building deemed a total loss when the building is damage in part by a covered peril but is significantly damaged by an excluded peril.

Appellate Information

• Decided 09/20/2007
• Published 09/20/2007

Judges

• WELLS, J.

Court

• Supreme Court of Florida

Counsel

• For Appellant:
  
• Elliot H. Scherker, Elliot B. Kula, and Daniel M. Samson of Greenberg Traurig, P.A., Miami, FL, and Mark J. Upton of Daniell, Upton, Perry and Morris, P.C., Daphne, AL, for Petitioner., G. Alan Howard and Robert M. Dees of Milam, Howard, Nicandri, Dees, and Gillam, P.A., Jacksonville, FL, on behalf of Citizens Property Insurance Corporation., Elizabeth McArthur, David A. Yon and Travis L. Miller of Radey, Thomas, Yon, and Clark, P.A., Tallahassee, FL, on behalf of American Insurance Association, National Association of Mutual Insurance Companies, and Property Casualty Insurers Association of America., Elizabeth K. Russo of Russo Appellate Firm, P.A., Miami, FL, on behalf of State Farm Florida Insurance Company., Charles F. Beall, Jr. of Moore, Hill and Westmoreland, P.A., Pensacola, FL, on behalf of Helping Hands Legal Center, As Amici Curiae.


• For Appellees:
  
• Louis K. Rosenbloum of Louis K. Rosenbloum, P.A., Pensacola, FL, and Gregory M. Shoemaker of Schofield, Wade, Roane and Shoemaker, P.A., Pensacola, FL, for Respondents.