FAQ

Questions you may have about Florida Lawyers

Who is eligible for coverage through Florida Lawyers?

All lawyers residing and practicing in Florida who are in good standing with The Florida Bar and meet our underwriting guidelines.

Do I have to buy surplus certificates to get coverage through Florida Lawyers?

No. The requirement was suspended in June 1997.

What is the relationship of Florida Lawyers to The Florida Bar?

There are no financial, legal or operational ties between Florida Lawyers and The Florida Bar. We are, however, proud of the support we have received and continue to receive from The Bar.

Florida Lawyers was created by The Florida Bar. During our capitalization phase, $2.7 million was raised through a direct appeal to individual Florida lawyers. An additional $400,000 was raised through sale of a Series B certificates to The Florida Bar so the company could begin operation with approximately twice the minimum capital required by the Florida Department of Insurance. Florida Lawyers has redeemed that certificate and there is no current indebtedness to or financial relationship with, The Florida Bar.

What is a ‘mutual’ company?

In general, a mutual company is a company owned by its customers.

Does that mean I can be assessed for your losses?

No. "Mutual" relates only to our ownership structure. We maintain reserves sufficient to pay for the current and projected claims of our insureds, and your Florida Lawyers policy is non-assessable.