Florida Statute 627.420 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXVII
INSURANCE

Chapter 627
INSURANCE RATES AND CONTRACTS

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627.420 Binders.—Binders or other contracts for temporary property, marine, casualty, or surety insurance may be made orally or in writing, and shall be deemed to include all the usual terms of the policy as to which the binder was given together with such applicable endorsements as are designated in the binder, except as superseded by the clear and express terms of the binder. No notice of cancellation or notice of nonrenewal otherwise required by this chapter shall be required unless the duration of the binder exceeds 60 days. However, for purposes of ss. 627.728 and 627.7281, an insurer shall give 5 days’ prior notice of cancellation of a binder, unless the binder is replaced by a policy or another binder in the same or another company.

History.—s. 469, 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. 1, ch. 85-51; s. 114, ch. 92-318.

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Amendments to 627.420

Annotations, Discussions, Cases:

Cases Citing Statute 627.420

Total Results: 6

Underwriters at Lloyds London v. STD Enterprises, Inc.

395 F. Supp. 2d 1142, 2005 U.S. Dist. LEXIS 24485, 2005 WL 2675208

District Court, M.D. Florida | Filed: Oct 4, 2005 | Docket: 2299786

Cited 9 times | Published

and express terms of the binder." Fla. Stat. § 627.420. Here, however, the binder does not designate

Hepler v. Atlas Mut. Ins. Co.

501 So. 2d 681, 12 Fla. L. Weekly 322

District Court of Appeal of Florida | Filed: Jan 22, 1987 | Docket: 537974

Cited 8 times | Published

exception to this general rule was included in section 627.420. This exception requires the insurer to "give

Rowland v. National States Insurance Company

295 So. 2d 335

District Court of Appeal of Florida | Filed: May 21, 1974 | Docket: 1761709

Cited 4 times | Published

Cal. v. Boyd, Fla. 1950, 45 So.2d 499) Florida Statute 627.420, F.S.A., is clear authority for issuance

Lloyds Underwriters at London v. Keystone Equipment Finance Corp.

25 So. 3d 89, 2009 Fla. App. LEXIS 20016, 2009 WL 4927917

District Court of Appeal of Florida | Filed: Dec 23, 2009 | Docket: 1193946

Cited 2 times | Published

by the issuance of a binder to the insured. Section 627.420, Florida Statutes (2009), provides that binders

JN Auto Collection, Corp. v. U.S. Security Insurance Co.

59 So. 3d 256, 2011 Fla. App. LEXIS 4809, 2011 WL 1262160

District Court of Appeal of Florida | Filed: Apr 6, 2011 | Docket: 60299656

Cited 1 times | Published

a temporary insurance binder, pursuant to section 627.420, Florida Statutes (2006). The next day, an

Florida Industrial Machinery, Inc. v. Executive Life Insurance Co.

560 So. 2d 413, 1990 Fla. App. LEXIS 3091, 1990 WL 57797

District Court of Appeal of Florida | Filed: May 3, 1990 | Docket: 64650175

Published

specifically excluded by the terms of the binder. § 627.420, Fla.Stat. (1989). . Moreover, regional agent

This Florida statute resource is curated by Graham W. Syfert, Esq., a Jacksonville, Florida personal injury and workers' compensation attorney. Attorney Syfert regularly works with Chapter 627 in the context of insurance coverage law and represents clients throughout Northeast Florida. For legal consultation, call 904-383-7448.