Buying workers' compensation in Florida

Who needs to be covered by the policy, where you can buy it and how much it will cost are all mandated or influenced by state law. Your business must comply with the states where your employees perform work - not necessarily where the business was founded or is based. If your business operates in multiple states, or employees travel across state lines to work, you may need to modify your policy to guarantee coverage in the event of a claim.

FL

Florida

Here's what you need to get started

To buy workers' compensation insurance, you need to request a quote from a licensed insurance agent and provide some details about your business.
Here's what to have in front of you:
  • Number of employees in each class code
  • Total payroll for all employees You may be able to exclude yourself if you don't wish to be covered under the policy.
    Learn more about this >>
  • Federal ID Number If you are a sole proprietor, you can use your Social Security Number
  • Copy of your workers' comp insurance policy, if you've had coverage or claims in the past few years If you know your company's experience mod, please have your experience mod rating sheet or policy in front of you. Otherwise, you will be assigned a default rating of 1.0.

WHAT TO KNOW

Businesses required to carry workers' compensation insurance in Florida

  • If you have four or more employees working in Florida
  • If you are in the construction industry and have at least one employee (including yourself)
  • If you are an independent contractor, you might not be covered by the hiring company’s insurance policy and may need to provide proof of work comp. Are you an employee or an independent contractor? 10 ways to tell

Where to buy insurance


FACTORS THAT IMPACT COVERAGE

Legal Requirements

  • Who needs to be covered by the policy, where you can buy it and how much it will cost are influenced by state legislation and the state's current legal and political climate.
  • Your business must comply with the state where your employees perform work - not necessarily where the business was founded or is based.
  • If your business operates in multiple states, or employees travel across state lines to work, you may need to modify your policy to guarantee coverage.

General Liability

  • Work comp covers wage replacement and medical bills for employees injured on the job. To protect against other injuries at your place of business, you may need general liability insurance. Learn more about general liability

Rates

  • Florida is a base rate state, which means insurance rates are mandated by the state. Your premium factors in the nature of your business, number of employees being covered and past coverage and claims. Learn more about workers’ comp insurance rates

The information on this page has been interpreted and summarized for your convenience. Please consult your state's governing authority for the most current and complete legislation.