In a recent string of motions filed be counsel for insurance carriers, there have been attacks on policies held by seasonal residents.
The crux of the carrier’s argument rests in the all-but-forgotten Fla. Stat. § 627.401(2), which states: “No provision of this part of this chapter applies to: … Policies or contracts not issued for delivery in this state nor delivered in this state, except as otherwise provided in this code.” Notably, Fla. Stat. § 627.428 falls within the noted part of the statute chapter, and Fla. Stat. § 627.428 allows a policyholder to obtain compensation for attorney fees and costs upon rendition of a favorable judgment.
Continue Reading Seasonal Resident Policy: Implications for Attorney Fees & Costs under Fla. Stat. Sect. 627.428