# Fla. Stat. § 627.405: 627.405 Insurable interest; property

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.405

## Section

- **Citation:** Fla. Stat. § 627.405
- **Heading:** 627.405 Insurable interest; property
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XXXVII / Chapter 627 / Part II / Section 627.405

## Text

(1) No contract of insurance of property or of any interest in property or arising from property shall be enforceable as to the insurance except for the benefit of persons having an insurable interest in the things insured as at the time of the loss.

(2) “Insurable interest” as used in this section means any actual, lawful, and substantial economic interest in the safety or preservation of the subject of the insurance free from loss, destruction, or pecuniary damage or impairment.

(3) The measure of an insurable interest in property is the extent to which the insured might be damnified by loss, injury, or impairment thereof.

History: s. 454, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 377, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.

## Nearby sections

- [Fla. Stat. § 627.401 627.401 Scope of this part.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.401.md)
- [Fla. Stat. § 627.402 627.402 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.402.md)
- [Fla. Stat. § 627.403 627.403 “Premium” defined.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.403.md)
- [Fla. Stat. § 627.404 627.404 Insurable interest; personal insurance.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.404.md)
- [Fla. Stat. § 627.405 627.405 Insurable interest; property.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.405.md)
- [Fla. Stat. § 627.406 627.406 Power to contract; purchase of insurance by or for minor.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.406.md)
- [Fla. Stat. § 627.407 627.407 Alteration of application.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.407.md)
- [Fla. Stat. § 627.408 627.408 Application as evidence.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.408.md)
- [Fla. Stat. § 627.409 627.409 Representations in applications; warranties.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.409.md)
- [Fla. Stat. § 627.410 627.410 Filing, approval of forms.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.410.md)
- [Fla. Stat. § 627.411 627.411 Grounds for disapproval.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.411.md)
- [Fla. Stat. § 627.412 627.412 Standard provisions, in general.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.412.md)
- [Fla. Stat. § 627.413 627.413 Contents of policies, in general; identification.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.413.md)
- [Fla. Stat. § 627.414 627.414 Additional policy contents.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.414.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVII_C627_PII_S627.405. Check the current official text before relying on it. Not legal advice.