5 Industries in Florida Where Professional Liability is a Must

5 Industries in Florida Where Professional Liability is a Must

Quite a few industries in Florida require professional liability insurance. You want to be aware of what these industries are so you have the protection in place that is needed.

Liability insurance is all about how you are liable for everything that you say as well as everything that you do. While you try to be professional and do everything as you should, accidents do happen. Additionally, we live in a society where people will sue very eagerly in the hopes to make money on someone else’s mistake. This means that you could find yourself in a lawsuit even if you did everything properly. It’s all based upon someone’s perception of the situation.


You are providing advice within the legal industry, and therefore it’s important to have professional liability. Regardless of what kind of attorney you are in Florida, this is a type of insurance that you need to have. It’s not only required, it can end up saving you a significant amount of money is someone comes back and decides that you provided them with bad advice.

Finance & Accounting

People get extremely protective over their finances. Whether you work in the banking industry, or you are an account, you will want to have professional liability insurance. This way, any advice you provide is covered. After all, if someone makes a bad investment or is audited by the IRS and decides that you could be at fault, a lawsuit could hit your business. If you don’t have insurance, you would have to take care of all of the court fees on your own – as well as any money that you are ordered to pay.


Professional liability insurance for the medical industry is also referred to as malpractice insurance. In Florida, this is a requirement of everyone in the medical community, whether they are a doctor, a dentist, or anyone else providing health services.


Everyone from IT specialists to web developers should have professional liability. The reason is because you are providing a service. If a person ends up with malware on their computer, a website that gets hacked, or anything else, they are going to look at you for being responsible. Even if you are innocent from the charges, it’s still a good idea to have the liability insurance.


The construction industry requires professional liability as well. This includes not only builders, but also architects and home inspectors. Why? You are dealing with people on a regular basis and they trust your opinions. In the event that something happens with the advice that you provide, they may sue – and you want to be prepared to deal with the legal costs that come with such action.

It all comes down to being responsible. Regardless of what industry you are in, it is important that you are a responsible business owner and have the necessary insurance in place.

Working with an independent insurance agent can help you determine more about whether you need to have professional liability insurance Florida or not. Even if it is not required, it can be advantageous to have it so that you have the financial protection over your business throughout the year.