The 2023 Florida Statutes (including Special Session C)

Title XXXVII
INSURANCE

Chapter 627
INSURANCE RATES AND CONTRACTS

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F.S. 627.403

627.403 “Premium” defined.—“Premium” is the consideration for insurance, by whatever name called. Any “assessment,” or any “membership,” “policy,” “survey,” “inspection,” “service” or similar fee or charge in consideration for an insurance contract is deemed part of the premium.

History.—s. 452, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 377, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.

F.S. 627.403 on Google Scholar

F.S. 627.403 on Casetext

Amendments to 627.403

Arrestable Offenses / Crimes under Fla. Stat. 627.403

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 627.403.

Annotations, Discussions, Cases:

Cases from cite.case.law:

PEOPLE S TRUST INSURANCE COMPANY, v. PESTA,, 199 So. 3d 970 (Fla. Dist. Ct. App. 2016)

. . . , by licensed managing general agents fall under the definition of ‘premiums’ as defined in Section 627.403 . . . Code R. 12B-8.001; see § 627.403, Fla. Stat. . . .

DEPARTMENT OF INSURANCE v. JAAR, 35 Fla. Supp. 2d 198 (Fla. Div. Admin. Hearings 1988)

. . . Section 627.403, Florida Statutes (1987), defines “premium” as follows: “Premium” is the consideration . . .

NATIONAL BEN FRANKLIN LIFE INSURANCE CORPORATION, v. COHEN,, 464 So. 2d 1256 (Fla. Dist. Ct. App. 1985)

. . . The insurance company also cites Sections 626.561, 626.611, 626.753, 626.794, 626.9541, 627.403, 627.453 . . .