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Florida Statute 627.405 | Lawyer Caselaw & Research
F.S. 627.405 Case Law from Google Scholar
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Link to State of Florida Official Statute Google Search for Amendments to 627.405

The 2023 Florida Statutes (including Special Session C)

Title XXXVII
INSURANCE
Chapter 627
INSURANCE RATES AND CONTRACTS
View Entire Chapter
F.S. 627.405
627.405 Insurable interest; property.
(1) No contract of insurance of property or of any interest in property or arising from property shall be enforceable as to the insurance except for the benefit of persons having an insurable interest in the things insured as at the time of the loss.
(2) “Insurable interest” as used in this section means any actual, lawful, and substantial economic interest in the safety or preservation of the subject of the insurance free from loss, destruction, or pecuniary damage or impairment.
(3) The measure of an insurable interest in property is the extent to which the insured might be damnified by loss, injury, or impairment thereof.
History.s. 454, 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. 627.405 on Google Scholar

F.S. 627.405 on Casetext

Amendments to 627.405


Arrestable Offenses / Crimes under Fla. Stat. 627.405
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 627.405.



Annotations, Discussions, Cases:

Cases from cite.case.law:

RESTORATION OF PORT ST. LUCIE, a a o v. ARK ROYAL INSURANCE COMPANY,, 255 So. 3d 344 (Fla. App. Ct. 2018)

. . . Co. , 186 So.3d 1, 2 (Fla. 5th DCA 2015) ("[T]he sole issue before [the] court is whether section 627.405 . . .

BIOSCIENCE WEST, INC. a a o v. GULFSTREAM PROPERTY AND CASUALTY INSURANCE CO., 185 So. 3d 638 (Fla. Dist. Ct. App. 2016)

. . . Gulfstream further contends that the assignment of benefits to Bioscience violates section 627.405, Florida . . . Section 627.405(1) states' as follows: '“No contract of insurance of property or of any interest in property . . . Weekly D862, D863, 2015 WL 1609973 (Fla. 5th DCA Apr. 10, 2015) (“We therefore construe section 627.405 . . . As such, we reject Gulf-stream’s interpretation of section 627.405 as well. . . .

T. YOUNGBLOOD, Jr. v. STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY,, 638 F. App'x 837 (11th Cir. 2015)

. . . . § 627.405(2)) (quotation omitted). . . .

ASAP RESTORATION AND CONSTRUCTION, INC. a a o v. TOWER HILL SIGNATURE INSURANCE CO., 165 So. 3d 736 (Fla. Dist. Ct. App. 2015)

. . . The court explained that the legislature, in enacting section 627.405, Florida Statutes, "did not state . . .

ONE CALL PROPERTY SERVICES INC. a a o v. SECURITY FIRST INSURANCE COMPANY,, 165 So. 3d 749 (Fla. Dist. Ct. App. 2015)

. . . The court explained that the legislature, in enacting section 627.405, Florida Statutes, "did not state . . .

EMERGENCY SERVICES INC. a a o v. UNITED PROPERTY CASUALTY INS. CO., 165 So. 3d 756 (Fla. Dist. Ct. App. 2015)

. . . The court explained that the legislature, in enacting section 627.405, Florida Statutes, “did not state . . .

ACCIDENT CLEANERS, INC. a a o v. UNIVERSAL INSURANCE COMPANY,, 186 So. 3d 1 (Fla. Dist. Ct. App. 2015)

. . . Appellant argues that the trial court incorrectly held that section 627.405, Florida Statutes (2013), . . . We agree with Appellant and strictly construe section 627.405, holding that a post-loss assignee is not . . . Thus, the sole issue before this court is whether section 627.405 requires a post-loss assignee to have . . . In section 627.405, the Legislature did not state that it was displacing well-settled common law of ( . . . The language in section .627.405 was originally enacted in 1959. Ch. 59-205, § 405, Laws of Fla. . . .

BANTA PROPERTIES, INC. v. ARCH SPECIALTY INSURANCE COMPANY,, 553 F. App'x 908 (11th Cir. 2014)

. . . . § 627.405, precludes recovery beyond the company’s revenue stream from the property. . . . Stat. § 627.405(2). . . . Stat. § 627.405(3); see Travelers Indem. Co. v. . . . Stat. § 627.405(3). . . . Stat. § 627.405(1). . . .

CONYERS v. BALBOA INSURANCE COMPANY,, 935 F. Supp. 2d 1312 (M.D. Fla. 2013)

. . . Plaintiffs’ Remaining Interest after Foreclosure Section 627.405, Florida Statutes, provides the basis . . . Stat. § 627.405 (emphasis added). . . . Therefore, as defined by Section 627.405, the Conyers have standing to bring this action as third-party . . . Additionally, as provided by Section 627.405, the Conyers have standing to enforce Balboa’s promise to . . .

KELLY, v. BALBOA INSURANCE COMPANY,, 897 F. Supp. 2d 1262 (M.D. Fla. 2012)

. . . Florida Statute § 627.405 provides (1) No contract of insurance of property or of any interest in property . . . Stat. § 627.405. The insurable interest is determined at the time of loss. Schlehuber v. . . . Accordingly, the Court finds that Florida Statute § 627.405 provides the basis for Plaintiff to bring . . .

COSTA DEL SOL ASSOCIATION, INC. v. STATE DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, DIVISION OF FLORIDA LAND SALES, CONDOMINIUMS, AND MOBILE HOMES,, 987 So. 2d 734 (Fla. Dist. Ct. App. 2008)

. . . See § 627.405, Fla. Stat. (2006); Brockton v. S. Life & Health Ins. . . .

LISS, v. LISS,, 937 So. 2d 760 (Fla. Dist. Ct. App. 2006)

. . . . § 627.405, Fla. Stat. (2005); see also Lopez v. Life Ins. . . . That interpretation would be contrary to section 627.405. . . .

LAWYERS TITLE INSURANCE CORPORATION, v. A. WELLS, 881 So. 2d 668 (Fla. Dist. Ct. App. 2004)

. . . insurable interest in the loan, the Wellses could not enforce the title policy pursuant to section 627.405 . . . Section 627.405, Florida Statutes, provides in pertinent part: (1) No contract of insurance of property . . .

B A PROPERTIES, INC. v. AETNA CASUALTY SURETY COMPANY, a a a, 273 F. Supp. 2d 673 (D.V.I. 2003)

. . . Stat. ch. 627.405; Ga.Code Ann. § 33-24-4; Idaho Code § 41-1806; Ky.Rev.Stat. . . .

UNITED AUTOMOBILE INSURANCE COMPANY, v. RODRIGUEZ, v., 808 So. 2d 82 (Fla. 2001)

. . . .— Benefits due from an insurer under ss. 627.730-627.405 shall be primary, except that benefits received . . .

HOUSING SERVICES, a DIVISION OF BANK OF AMERICA, FSB, f k a a FSB, v. ALLSTATE INSURANCE COMPANY,, 771 So. 2d 1218 (Fla. Dist. Ct. App. 2000)

. . . Section 627.405, Florida Statutes (1995), defines the term “insurable interest” for purposes of property . . . BankAmerica who under the existing pleadings appears to have an “insurable interest” as defined in section 627.405 . . . Section 627.405 provides as follows: 627.405. . . .

A. OVERTON, v. PROGRESSIVE INSURANCE COMPANY A., 585 So. 2d 445 (Fla. Dist. Ct. App. 1991)

. . . Section 627.405(2), Florida Statutes (1982). . . . Section 627.405(3), Florida Statutes (1982); see Aetna Insurance Co. v. . . .

AETNA CASUALTY SURETY COMPANY, v. GROWERS PROPERTIES, NO. LTD. a, 542 So. 2d 1028 (Fla. Dist. Ct. App. 1989)

. . . the building on the date of the accident and, thus, the policy was unenforceable pursuant to section 627.405 . . . Section 627.405, Florida Statutes (1983), does not permit Aetna to cancel this liability insurance contract . . .

DYSON COMPANY St. Co. v. FLOOD ENGINEERS, ARCHITECTS, PLANNERS, INC. FLOOD ENGINEERS, ARCHITECTS, PLANNERS, INC. v. AIR PRODUCTS CHEMICALS,, 523 So. 2d 756 (Fla. Dist. Ct. App. 1988)

. . . Section 627.405(2), Florida Statutes (1985), states: “Insurable interest” as used in this section means . . . damages to the construction project, such risk will constitute an “insurable interest” under section 627.405 . . .

K. SMIGIEL, v. AETNA CASUALTY AND SURETY COMPANY,, 785 F.2d 922 (11th Cir. 1986)

. . . . § 627.405(3) (1981). . . .

INSURANCE COMPANY OF NORTH AMERICA v. BOYLE,, 16 Fla. Supp. 2d 88 (Fla. Cir. Ct. 1986)

. . . Florida Statutes 627.405(2) defines “insurable interest” as: “any actual, lawful and substantial economic . . .

LLOYD, v. FOREMOST INSURANCE COMPANY L., 478 So. 2d 1152 (Fla. Dist. Ct. App. 1985)

. . . Section 627.405, Florida Statutes (1983). . . .

TRAVELERS INDEMNITY COMPANY, v. DUFFY S LITTLE TAVERN, INC., 478 So. 2d 1095 (Fla. Dist. Ct. App. 1985)

. . . . § 627.405(1), Pla.Stat. (1983). . . . . § 627.405(3), Fla.Stat. (1983). . . .

JOHNSON, v. AETNA LIFE AND CASUALTY COMPANY,, 472 So. 2d 859 (Fla. Dist. Ct. App. 1985)

. . . . § 627.405, Fla.Stat. (1981). . . .

TITLE TRUST COMPANY OF FLORIDA, a v. O. PARKER T., 468 So. 2d 520 (Fla. Dist. Ct. App. 1985)

. . . prosecution if consummated in Florida, is not an "insurable interest" within the meaning of Section 627.405 . . .

CORAT INTERNATIONAL, INC. a v. TAYLOR, s, 462 So. 2d 1186 (Fla. Dist. Ct. App. 1985)

. . . ." § 627.405(1), Fla.Stat. (1983). See Knott v. State ex rel. Guaranty Income Life Ins. . . .

M. L. COOPER, v. ALFORD,, 446 So. 2d 1093 (Fla. Dist. Ct. App. 1984)

. . . See, § 627.405, Florida Statutes (1981); 30 Fla.Jur.2d, Insurance, § 479, et seq. . . . Section 627.405 provides: (1) No contract of insurance of property or of any interest in property or . . .

LIFE INSURANCE COMPANY OF GEORGIA, v. F. LOPEZ,, 443 So. 2d 947 (Fla. 1983)

. . . Section 627.405, Florida Statutes (1979), by its terms only applies to property insurance but provides . . .

UNDERWRITERS AT LLOYD S, LONDON S. A. Co. v. AMERICAN AVIATION GROUND SERVICES, INC., 421 So. 2d 12 (Fla. Dist. Ct. App. 1982)

. . . . § 627.405, Fla.Stat. (1979); Cincinnati Insurance Company v. . . .

SUN STATE ROOFING CO. INC. v. COTTON STATES MUTUAL INSURANCE CO., 400 So. 2d 842 (Fla. Dist. Ct. App. 1981)

. . . Section 627.405(2), Florida Statutes (1979), defines insurable interest as: [A]ny actual, lawful, and . . .

RAN INVESTMENTS, INC. a v. INDIANA INSURANCE COMPANY, a a, 379 So. 2d 991 (Fla. Dist. Ct. App. 1980)

. . . . § 627.405, F.S.A., sets out by way of negative statement the proposition that a contract of insurance . . .

FLORIDA FARM BUREAU MUTUAL INSURANCE COMPANY, v. R. DYAR, 371 So. 2d 195 (Fla. Dist. Ct. App. 1979)

. . . Section 627.405(2), Florida Statutes (1975); Aetna Ins. Co. v. . . .

CINCINNATI INSURANCE COMPANY, v. R. PALMER,, 297 So. 2d 96 (Fla. Dist. Ct. App. 1974)

. . . Section 627.405, F.S.A. defines “insurable interest” to mean any actual, lawful and substantial economic . . .

G. SPINDLER v. KUSHNER, 284 So. 2d 481 (Fla. Dist. Ct. App. 1973)

. . . Section 627.405, Fla.Stat, provides: “(2) ‘Insurable interest’ means any actual, lawful, and substantial . . .

W. R. SCHLEHUBER, v. NORFOLK DEDHAM MUTUAL FIRE INSURANCE COMPANY,, 281 So. 2d 373 (Fla. Dist. Ct. App. 1973)

. . . . § 627.405, F.S.A., sets out by way of negative statement the proposition that a contract of insurance . . . See Rule 1.250, R.C.P., 30 F.S.A. . “627.405 Same; property.— “(1) No contract of insurance of property . . .

AETNA INSURANCE COMPANY, a v. M. KING, W., 265 So. 2d 716 (Fla. Dist. Ct. App. 1972)

. . . . § 627.405(2), F.S.A. . F.S. § 627.405(3), F.S.A. . . . .

AIRVAC, INC. v. RANGER INSURANCE COMPANY, a, 266 So. 2d 178 (Fla. Dist. Ct. App. 1972)

. . . . § 627.405(2) (1971), F.S.A. . E. g., Western Assur. Co. v. . . .