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Florida Statute 627.827 - Full Text and Legal Analysis
Florida Statute 627.827 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 627.827 Case Law from Google Scholar Google Search for Amendments to 627.827

The 2025 Florida Statutes

Title XXXVII
INSURANCE
Chapter 627
INSURANCE RATES AND CONTRACTS
View Entire Chapter
627.827 “Premium finance agreement” defined.—“Premium finance agreement” means a promissory note or other written agreement by which an insured promises or agrees to pay to, or to the order of, a premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent, in payment of premiums on an insurance contract, together with a service charge as authorized and limited by law.
History.—s. 1, ch. 63-16; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 612, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.

F.S. 627.827 on Google Scholar

F.S. 627.827 on CourtListener

Amendments to 627.827


Annotations, Discussions, Cases:

Cases Citing Statute 627.827

Total Results: 3  |  Sort by: Relevance  |  Newest First

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Sosa v. Safeway Premium Fin. Co., 73 So. 3d 91 (Fla. 2011).

Cited 41 times | Published | Supreme Court of Florida | 36 Fla. L. Weekly Supp. 373, 2011 Fla. LEXIS 1574, 2011 WL 2659854

...United Auto and Safeway also share some of the same stockholders. A premium finance agreement is an agreement between an insured and a premium finance company in which the premium finance company agrees to pay the insurer the insured's total insurance premium. See § 627.827, Fla....
...the class. Since a common course of conduct was present in Olen Properties and Glen Cove, Sosa is readily distinguishable. In the absence of express and direct conflict, review of Sosa should be discharged. QUINCE and POLSTON, JJ., concur. NOTES [1] Section 627.827, Florida Statutes (2010), defines a "premium finance agreement" as: a promissory note or other written agreement by which an insured promises or agrees to pay to, or to the order of, a premium finance company the amount advanced or to...
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Smith v. Foremost Ins. Co., 884 So. 2d 341 (Fla. 2d DCA 2004).

Cited 2 times | Published | Florida 2nd District Court of Appeal | 2004 WL 2008227

...company and the insured, with the financing company advancing the entire premium to the insurer on behalf of the insured, who repays the financing company. The trial court here also cited Capital National for its holding that the term "financing" in section 627.827 of part XV of the code "as it is used in that context is the advancement of money rather than the mere collection of funds." 690 So.2d at 1336. This case is distinguishable because Foremost is not a "premium finance company," as defined by section 627.827, in the business of "advancing" premium payments for insureds via premium finance agreements....
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Capital Nat. Fin. v. Dept. of Ins., 690 So. 2d 1335 (Fla. 3d DCA 1997).

Cited 2 times | Published | Florida 3rd District Court of Appeal | 1997 Fla. App. LEXIS 2137, 1997 WL 115318

...ed the noun "finance" as "management of monetary affairs, especially those involving large sums or investment funds." [1] Section 627.8405(1) prohibits premium finance companies from providing financing for the cost of an automobile club membership. Section 627.827 defines "premium finance agreement" as "a promissory note or other written agreement by which an insured promises ......

This Florida statute resource is curated by Graham W. Syfert, Esq., a Jacksonville, Florida personal injury and workers' compensation attorney. Attorney Syfert regularly works with Chapter 627 in the context of insurance coverage law and represents clients throughout Northeast Florida. For legal consultation, call 904-383-7448.