Fla. Stat. 713.32
Insurance proceeds liable for demands

The proceeds of any insurance that by the terms of the policy contract are payable to the owner of improved real property or a lienor and actually received or to be received by him or her because of the damage, destruction, or removal by fire or other casualty of an improvement on which lienors have furnished labor or services or materials shall, after the owner or lienor, as the case may be, has been reimbursed therefrom for any premiums paid by him or her, be liable to liens or demands for payment provided by this part to the same extent and in the same manner, order of priority, and conditions as the real property or payments under a direct contract would have been, if the improvement had not been so damaged, destroyed, or removed. The insurer may pay the proceeds of the policy of insurance to the insured named in the policy and thereupon any liability of the insurer under this part shall cease. The named insured who receives any proceeds of the policy shall be deemed a trustee of the proceeds, and the proceeds shall be deemed trust funds for the purposes designated by this section for a period of 1 year from the date of receipt of the proceeds. This section shall not apply to that part of the proceeds of any policy of insurance payable to a person, including a mortgagee, who holds a lien perfected before the recording of the notice of commencement or recommencement.

Source: Section 713.32 — Insurance proceeds liable for demands, https://www.­flsenate.­gov/Laws/Statutes/2024/0713.­32 (accessed Aug. 7, 2025).

713.01
Definitions 713.001
Short title of part 713.02
Types of lienors and exemptions 713.03
Liens for professional services 713.04
Subdivision improvements 713.05
Liens of persons in privity 713.06
Liens of persons not in privity 713.07
Priority of liens 713.08
Claim of lien 713.09
Single claim of lien 713.10
Extent of liens 713.011
Computation of time 713.11
Liens for improving land in which the contracting party has no interest 713.12
Liens for improving real property under contract with husband or wife on property of the other or of both 713.012
Written notices, demands, or requests 713.13
Notice of commencement 713.14
Application of money to materials account 713.15
Repossession of materials not used 713.015
Mandatory provisions for direct contracts 713.16
Demand for copy of contract and statements of account 713.17
Materials not attachable for debts of purchaser 713.18
Manner of serving documents 713.19
Assignment of lien 713.20
Waiver or release of liens 713.21
Discharge of lien 713.22
Duration of lien 713.23
Payment bond 713.24
Transfer of liens to security 713.26
Redemption and sale 713.27
Interplead 713.28
Judgments in case of failure to establish liens 713.29
Attorney fees 713.30
Other actions not barred 713.31
Remedies in case of fraud or collusion 713.32
Insurance proceeds liable for demands 713.33
Disbursing agent and others may rely on owner’s notices 713.35
Making or furnishing false statement 713.37
Rule of construction 713.132
Notice of termination 713.135
Notice of commencement and applicability of lien 713.165
Request for list of subcontractors and suppliers 713.235
Waivers of right to claim against payment bond 713.245
Conditional payment bond 713.345
Moneys received for real property improvements 713.346
Payment on construction contracts 713.3471
Lender responsibilities with construction loans

Current through Fall 2025

§ 713.32. Ins. proceeds liable for demands's source at flsenate​.gov