Florida § 627.9902 Scope

Florida Statutes

§ 627.9902 — Scope

Florida § 627.9902

TitleXXXVII

Ch. 627INSURANCE RATES AND CONTRACTS

This text of Florida § 627.9902 (Scope) 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. § 627.9902 (2026).

Text

(1)This part applies to insurers and insurance agents engaged in any mortgage transaction involving collateral protection insurance.

(2)All collateral protection insurance written in connection with mortgaged real property, including manufactured and mobile homes, is subject to the provisions of this part, except:

(a)Insurance associated with mortgage loans or other extensions of credit made primarily for business, commercial, or agricultural purposes.

(b)Insurance offered by the lender or servicer and elected by the mortgagor at the mortgagor’s option.

(c)Insurance purchased by a lender or servicer on real estate owned property.

(d)Insurance for which no specific charge is made to the mortgagor or the mortgagor’s account.

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(1) This part applies to insurers and insurance agents engaged in any mortgage transaction involving collateral protection insurance.

(2) All collateral protection insurance written in connection with mortgaged real property, including manufactured and mobile homes, is subject to the provisions of this part, except: (a) Insurance associated with mortgage loans or other extensions of credit made primarily for business, commercial, or agricultural purposes. (b) Insurance offered by the lender or servicer and elected by the mortgagor at the mortgagor’s option. (c) Insurance purchased by a lender or servicer on real estate owned property. (d) Insurance for which no specific charge is made to the mortgagor or the mortgagor’s account.