Legal Question in Insurance Law in Florida

Starting up own insurance company

We would like to start our own boat insurance company here in Florida. How would we go about this and what type of reserves would we need?


Asked on 10/01/07, 12:31 pm

2 Answers from Attorneys

David Slater David P. Slater, Esq.

Re: Starting up own insurance company

You need to contact the Flordia Department of Insurance.

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Answered on 10/01/07, 12:38 pm
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Re: Starting up own insurance company

This is a highly regulated inductry and one in which you would likely need at least a few million dollars. If you are serious, you should contact a good lawfirm and the Department of Insurance.

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Answered on 10/01/07, 8:52 pm


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