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Florida Statutes Title XXXVII. Insurance § 627.9901. Purpose

Current as of January 01, 2025 | Updated by Findlaw Staff

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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Cite this article: FindLaw.com - Florida Statutes Title XXXVII. Insurance § 627.9901. Purpose - last updated January 01, 2025 | https://codes.findlaw.com/fl/title-xxxvii-insurance/fl-st-sect-627-9901/

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