Tred R. Eyerly | Insurance Law Hawaii The Florida Court of Appeals affirmed the trial court’s ruling that the homeowner policy’s sub-limit for water damage included tear-out costs. Sec. First Ins. Co. v. Vazquez, 2022 Fla. App. LEXIS 1205 (Fla. Ct. App. Feb. 18, 2022). A discharge of water from the cast… Continue reading Water Damage Sub-Limit Includes Tear-Out Costs
Tag: Tear-Out Costs
Florida Appellate Court Finds Water Damage Sub-limit Ambiguous And Includes Tear-Out Costs
Brennah S. Toomey | Phelps Dunbar A Florida appellate court affirmed summary judgment entered in favor of insureds after determining that the policy wording applicable to the loss was ambiguous. Security First Ins. Co. v. Vazquez, No. 5D20-2528, 2022 Fla. App. LEXIS 1205, 47 Fla. L. Weekly D487b (Fla. 5th DCA, Feb. 18, 2022). The insureds reported… Continue reading Florida Appellate Court Finds Water Damage Sub-limit Ambiguous And Includes Tear-Out Costs