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SC07-1349 – State Farm Florida Insurance Company
State: Florida
Court: Supreme Court
Docket No: SC07-1349
Case Date: 01/10/2008
Preview:Supreme Court of Florida
_____________ No. SC07-1349 _____________

STATE FARM FLORIDA INSURANCE COMPANY, Petitioner, vs. ARNOLD A. ONDIS, et al., Respondents. [March 27, 2008] PER CURIAM. We have for review State Farm Florida Insurance Co. v. Ondis, 962 So. 2d 923 (Fla. 1st DCA 2007), in which the First District Court of Appeal certified the following question as one of great public importance: DOES SECTION 627.702(1), FLORIDA STATUTES (2004), REFERRED TO AS THE VALUED POLICY LAW, 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 DAMAGED IN PART BY A COVERED PERIL BUT IS SIGNIFICANTLY DAMAGED BY AN EXCLUDED PERIL? Id. at 926. We have jurisdiction. See art. V,
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