Florida Statute 627.827 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXVII
INSURANCE

Chapter 627
INSURANCE RATES AND CONTRACTS

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627.827 “Premium finance agreement” defined.—“Premium finance agreement” means a promissory note or other written agreement by which an insured promises or agrees to pay to, or to the order of, a premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent, in payment of premiums on an insurance contract, together with a service charge as authorized and limited by law.

History.—s. 1, ch. 63-16; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 612, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.

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Amendments to 627.827

Annotations, Discussions, Cases:

Cases Citing Statute 627.827

Total Results: 3

Sosa v. SAFEWAY PREMIUM FINANCE CO.

73 So. 3d 91, 36 Fla. L. Weekly Supp. 373, 2011 Fla. LEXIS 1574, 2011 WL 2659854

Supreme Court of Florida | Filed: Jul 7, 2011 | Docket: 2352771

Cited 41 times | Published

insurer the insured’s total insurance premium. See § 627.827, Fla. Stat. (2010).1 In return, the insured repays

Smith v. Foremost Ins. Co.

884 So. 2d 341, 2004 WL 2008227

District Court of Appeal of Florida | Filed: Sep 10, 2004 | Docket: 1281775

Cited 2 times | Published

for its holding that the term "financing" in section 627.827 of part XV of the code "as it is used in that

CAPITAL NAT. FINANCIAL v. Dept. of Ins.

690 So. 2d 1335, 1997 Fla. App. LEXIS 2137, 1997 WL 115318

District Court of Appeal of Florida | Filed: Mar 12, 1997 | Docket: 436930

Cited 2 times | Published

the cost of an automobile club membership. Section 627.827 defines "premium finance agreement" as "a promissory

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.