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Florida Statute 627.826 | Lawyer Caselaw & Research
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The 2024 Florida Statutes

Title XXXVII
INSURANCE
Chapter 627
INSURANCE RATES AND CONTRACTS
View Entire Chapter
F.S. 627.826
627.826 “Premium finance company” defined.—
(1) An “insurance premium finance company” is:
(a) A person engaged, in whole or in part, in the business of entering into premium finance agreements with insureds; or
(b) A person engaged, in whole or in part, in the business of acquiring premium finance agreements from other premium finance companies.
(2) The following entities are exempt from the provisions of this part:
(a) Credit unions, banks, savings and loan associations, and other lending institutions as defined under chapters 516, 657, 658, and 665 or their federally chartered counterparts.
(b) Any person who purchases or otherwise acquires premium finance agreements from a licensee if the licensee retains the possession of and the legal obligation to service the agreements and collect payments due under the agreements and remains responsible for the premium finance agreements being administered in compliance with this part.
(3) The inclusion of a charge for insurance on a bona fide sale of goods or services on installments is not subject to the provisions of this part.
History.—s. 1, ch. 63-16; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 166, ch. 79-164; s. 431, ch. 81-259; ss. 2, 3, ch. 81-318; ss. 594, 612, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 204, ch. 92-303; s. 114, ch. 92-318; s. 1, ch. 2003-152.

F.S. 627.826 on Google Scholar

F.S. 627.826 on Casetext

Amendments to 627.826


Arrestable Offenses / Crimes under Fla. Stat. 627.826
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 627.826.

Annotations, Discussions, Cases:

Cases Citing Statute 627.826

Total Results: 2

Smith v. Foremost Ins. Co.

Court: District Court of Appeal of Florida | Date Filed: 2004-09-10

Citation: 884 So. 2d 341, 2004 WL 2008227

Snippet: Florida Insurance Code parts XV and XVI, sections 627.826-.849 and 627.901-.904, Florida Statutes (1995)

Beacon Finance, Inc. v. Department of Insurance, State of Florida

Court: District Court of Appeal of Florida | Date Filed: 1995-05-18

Citation: 656 So. 2d 197, 1995 Fla. App. LEXIS 5343, 1995 WL 298948

Snippet: chapter 627 and separately defined in section 627.826, Florida Statutes. Further evidence of the hearing