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2023 Florida Statutes
Title XXXVII - Insurance
Chapter 627 - Insurance Rates and Contracts
Part XXII - Collateral Protection Insurance (Ss. 627.9901-627.9913)
627.9901 - Purpose.

Universal Citation:
FL Stat § 627.9901 (2023)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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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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