Security and the law: If You Want Insurance, Get an Alarm!
An interesting case was decided recently by the Court of Appeals of the State of Florida regarding the refusal by an insurer to provide coverage for a theft because of an alleged misrepresentation by the business in its application for insurance.
The business filed an action against the insurer, and the trial court granted a summary judgment in favor of the insurance company. This judgment was based on the alleged misrepresentation by the business in its application for insurance that its business premises were equipped with burglar alarms, when no such alarms were present. The business owner appealed the trial court’s order granting the motion for summary judgment.