Florida, like many other states, requires lawyers to carry malpractice insurance as a safeguard against potential claims of professional negligence.
Malpractice insurance, also known as professional liability insurance, helps protect lawyers from financial losses resulting from lawsuits filed by dissatisfied clients who allege that the lawyer made mistakes or acted negligently in their legal representation.
As of my last update in September 2021, Florida did not mandate lawyers to carry malpractice insurance. However, individual law firms and lawyers may still choose to purchase malpractice insurance voluntarily to protect themselves from potential risks and liabilities.
The specific details regarding the coverage, cost, and requirements for malpractice insurance can vary depending on the insurer and the individual lawyer’s practice area, history, and risk profile. Lawyers interested in obtaining malpractice insurance should contact various insurance providers to compare coverage options and obtain quotes tailored to their specific needs.
Keep in mind that regulations and requirements might change over time, so I recommend checking with the Florida Bar Association or consulting a legal professional in Florida for the most up-to-date information regarding malpractice insurance for lawyers in the state.