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INTRACOASTAL VENTURES CORP. v. SAFECO INS. CO.

No. 87-3262.

540 So.2d 162 (1989)

INTRACOASTAL VENTURES CORPORATION, D/B/a Apollo Waterbeds, Appellant, v. SAFECO INSURANCE COMPANY OF AMERICA, Appellee.

District Court of Appeal of Florida, Fourth District.

March 15, 1989.

Attorney(s) appearing for the Case

William A. Fleck of Patrick M. O'Hara, P.A., West Palm Beach, for appellant.

Bob G. Freemon, Jr., Tampa, for appellee.

LETTS, Judge.

The trial court dismissed a complaint filed by an insured against its insurer, holding that the language of the policy compelled arbitration. The insured appeals that ruling, but we affirm.

The insurance policy at issue contained the following provision:

7. Appraisal If the named insured and the Company fail to agree on the amount of the loss, either can demand that the amount of loss be set by appraisal. If either party...

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