Florida § 627.826 - “Premium finance company” defined.
Full text of Florida Florida Statutes § 627.826 — “Premium finance company” defined., with citation guidance and answers to common questions.
§ 627.826. “Premium finance company” defined.
(1) An “insurance premium finance company” is: (a) A person engaged, in whole or in part, in the business of entering into premium finance agreements with insureds; or (b) A person engaged, in whole or in part, in the business of acquiring premium finance agreements from other premium finance companies. (2) The following entities are exempt from the provisions of this part: (a) Credit unions, banks, savings and loan associations, and other lending institutions as defined under chapters 516, 657, 658, and 665 or their federally chartered counterparts. (b) Any person who purchases or otherwise acquires premium finance agreements from a licensee if the licensee retains the possession of and the legal obligation to service the agreements and collect payments due under the agreements and remains responsible for the premium finance agreements being administered in compliance with this part. (3) The inclusion of a charge for insurance on a bona fide sale of goods or services on installments is not subject to the provisions of this part.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 627.826
What does Florida Statutes § 627.826 cover?
Section 627.826 ("“Premium finance company” defined.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 627.826?
A common citation format is "Florida Statutes § 627.826" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 627.826 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.