{"data":{"id":"us-fl/fla.-stat.-624.606","jurisdiction":"us-fl","citation":"Fla. Stat. § 624.606","heading":"“Surety insurance” defined.","body":"(1) “Surety insurance” includes:\n(a) A contract bond, including a bid, payment, or maintenance bond, or a performance bond, which guarantees the execution of a contract other than a contract of indebtedness or other monetary obligation;\n(b) An indemnity bond for the benefit of a public body, railroad, or charitable organization or a lost security or utility payment bond;\n(c) Becoming surety on, or guaranteeing the performance of, any lawful contract where the bond is guaranteeing the execution of a contract other than a contract of indebtedness or other monetary obligation;\n(d) Becoming surety on, or guaranteeing the performance of, bonds and undertakings required or permitted in a judicial proceeding or otherwise allowed by law, including surety bonds accepted by states and municipal authorities in lieu of deposits as security for the performance of insurance contracts;\n(e) Fidelity insurance as defined in s. 624.6065 for the purposes of the Florida Insurance Code other than part XX of chapter 627; or\n(f) Residual value insurance as defined in s. 624.6081.\n(2) “Surety insurance” does not include:\n(a) Mortgage guaranty insurance, as defined in s. 635.011;\n(b) Financial guaranty insurance, as defined in s. 627.971; or\n(c) Any reinsurance contract authorized pursuant to s. 624.610.\nHistory.—s. 104, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 86, 809(1st), ch. 82-243; s. 3, ch. 88-87; ss. 184, 187, 188, ch. 91-108; s. 1, ch. 91-110; s. 4, ch. 91-429; s. 17, ch. 95-211.","path":["TITLE XXXVII INSURANCE","CHAPTER 624 INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0624/0624.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:10:43Z","sha256":"0e812f29a02a2bcd282a07d5647a525679eda4ff393f09cd661827c584cfef57","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-624.605","next":"us-fl/fla.-stat.-624.6065"},"notice":"GroundRules: Original legal text. Not legal advice."}