Florida § 627.9901 Purpose

Florida Statutes

§ 627.9901 — Purpose

Florida § 627.9901

TitleXXXVII

Ch. 627INSURANCE RATES AND CONTRACTS

This text of Florida § 627.9901 (Purpose) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 627.9901 (2026).

Text

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.

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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.