Chick, Tony, Individually and as Representative of All Persons Similarly Situated v. the Glen Falls Insurance Company ( 2003 )
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In The
Court of Appeals
For The
First District of Texas
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NO. 01-01-01100-CV
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TONY CHICK, INDIVIDUALLY AND AS REPRESENTATIVE OF ALL PERSONS SIMILARLY SITUATED, Appellant
V.
THE GLENS FALLS INSURANCE COMPANY, Appellee
On Appeal from the 333rd District Court
Harris County, Texas
Trial Court Cause No. 99-49973
MEMORANDUM OPINION
In this appeal from a summary judgment, the issue presented is whether the Texas Standard Personal Auto Policy obligates an insurer to compensate a policyholder for a vehicle’s diminished market value when the car has been damaged but adequately repaired. The trial court granted a motion for summary judgment in favor of the appellee insurer, The Glens Falls Insurance Company, on this issue.
The Texas Supreme Court recently addressed this same issue in American Manufacturers Mutual Insurance Company v. Schaefer, holding that the Texas Standard Personal Auto Policy does not obligate the insurer to compensate the insured for the adequately repaired vehicle’s diminished market value. 47 Tex. Sup. Ct. J. 40, 45 (October 17, 2003). Accordingly, we affirm the trial court’s summary judgment.
PER CURIAM
Panel consists of Justices Hedges, Jennings, and Mirabal.
Document Info
Docket Number: 01-00-01100-CV
Filed Date: 11/6/2003
Precedential Status: Precedential
Modified Date: 9/2/2015