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§ 627.70121 — Florida Law | CourtGPT
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  2. Laws/
  3. Florida/
  4. Title Xxxvii - Insurance/
  5. Chapter 627 - Insurance Rates and Contracts/
  6. Part X - Property Insurance Contracts (Ss. 627.701-627.7155)627.701 - Liability of Insureds; Coinsurance; Deductibles/
  7. § 627.70121
Florida Legal Code

§ 627.70121

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627.70121 Payment of claims for dual interest property.—For policies issued or renewed on or after October 1, 2006, a property insurer shall transmit claims payments directly to the primary policyholder by check or other allowable payment method, payable to the primary policyholder only, without requiring a dual endorsement from any mortgageholder or lienholder, for amounts payable under the policy for personal property and contents, additional living expenses, and other covered items that are not subject to a recorded security interest that is noted in the dual interest provision of the policy.History.—s. 22, ch. 2006-12.