Florida Statute 627.9901 - Full Text and Legal Analysis

627.9901 Purpose.—The purpose of this part is to:

(1) Promote the public welfare by regulating collateral protection insurance on real property.

(2) Create a legal framework within which collateral protection insurance on real property may be written in this state.

(3) Help maintain the separation between the lenders and servicers and the insurers and insurance agents.

(4) Minimize the possibility of unfair competitive practices in the sale, placement, solicitation, and negotiation of collateral protection insurance.

History.—s. 2, ch. 2023-210.

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This Florida statute resource is curated by this site's author, a Jacksonville, Florida personal injury and workers' compensation attorney (Florida Bar No. 39104). Attorney Syfert regularly handles Chapter 627 matters in the context of insurance coverage law and represents clients throughout Northeast Florida. For legal consultation, call 904-383-7448.