Workers’ Comp Florida
Workers’ compensation insurance provides benefits to employees who suffer a job-related injury or illness. If your employee experiences a work-related injury or occupational illness, this coverage can help:
- Replace wages from their lost work time.
- Cover medical costs to treat their immediate injury or illness.
- Provide death benefits in the unfortunate event they pass away.
- Pay legal fees if they decide to sue your business.
Employers can purchase workers’ compensation coverage in Florida from a private insurance company, like The Hartford. Get a quote today.
A few examples of how workers’ compensation insurance can help protect your business and employees are:
- Your employee experiences an overuse injury from repetitive motion. His injury warrants an emergency room visit and can lead to a weeks-long or months-long recovery. Workers’ comp can help cover his costs for ongoing care. It can also help replace some of his lost income as he recovers.
- Your employee is on his way to visit a client and he gets injured in a car accident. Workers’ comp can help cover his medical costs.
- Your employee injures her back lifting a heavy box. She goes to the hospital and finds out she needs to go to physical therapy. Workers’ comp can help cover her treatment and ongoing care costs.
- Your employee trips over a box in the office. He breaks his leg and goes to the hospital, where he undergoes surgery. He has to miss a month of work to recover. Workers’ comp can help cover his surgical bill. It can also help recover some of his lost wages.
Workers’ Compensation: Florida Coverage
Workers’ compensation insurance from The Hartford provides benefits to employees with an injury or illness from their job. It can help pay for their medical costs and replace some of their lost income as they recover from a work-related injury or illness.
Coverage requirements for Florida's workers' comp are dependent on different factors. These factors can include the number of employees and the industry your business is in.1
- Construction companies with at least one employee need coverage. Corporate officers or limited liability company (LLC) members count as employees.*
- Non-construction businesses with at least four employees need coverage. This includes business owners who are corporate officers or LLC members.*
- Agricultural businesses with at least six employees need coverage. Coverage is also needed if there are 12 seasonal workers who work more than 30 days during a season but no more than a total of 45 days in a calendar year.*
- Out-of-state employers must notify their insurance carrier about working in Florida. Out-of-state employers without coverage must get a workers’ comp policy with a Florida-approved insurance carrier.*
- Contractors must ensure sub-contractors have required workers’ comp insurance before beginning work on a project.*
Florida’s Division of Workers’ Compensation provides more details on the state’s insurance requirements.
Proof of coverage, also known as a certificate of insurance, helps a business prove it has workers' comp coverage in Florida. It also includes important details about your policy. It helps clients see that your business has the proper coverage. Get a quote to learn more about getting a certificate of insurance for your business.
What’s Covered? Workers’ compensation insurance in Florida helps provide benefits to employees who become injured or ill because of their job. It can also provide payments to your employee’s beneficiaries if the employee passes away from a work-related accident or illness.
For example, one of your employees injures their back while lifting heavy boxes in the warehouse. A workers’ compensation insurance policy can help cover their medical costs. And it can also replace some of their wages they lost from missing work.
Workers’ comp can also help if your employee gets sick after working with chemicals at your business. This insurance can help cover their medical costs as they recover.
What Florida Workers’ Compensation Covers
Florida workers’ compensation insurance from The Hartford can help cover:
Missed wages if your employee can’t work due to a job-related injury or illness. Workman’s comp can help replace some of their lost income until they can return to work.
Ongoing care costs that may be necessary to recover from a work-related injury or illness. For example, if your employee needs multiple surgeries or physical therapy, workers’ comp insurance can help pay for it.
Funeral costs if a work-related incident causes the death of one of your employees.
An accident or injury if one of your employees hurts themselves on the job. Workers’ comp can help cover their medical costs.
Illnesses caused by working in conditions that expose your employees to harmful chemicals or allergens. Workers’ comp can help cover your employee’s medical costs if they get sick from their work.
Repetitive injuries, which can take years to develop. Workers’ comp can help cover your employee’s treatment to recover from a repetitive injury such as carpal tunnel.
Disability caused by a work-related injury or illness. Sometimes a work-related injury can be so severe that employees may never be able to return to work. In some cases, they may be able to return to work, but not to the same role or capacity that worked in prior to their injury. Workers’ comp can provide benefits to help pay for their medical bills.
Florida Workers’ Comp Exemption
There are a few Florida workers’ compensation exemptions that are automatically granted. These include sole proprietors and partners. These business entities can still purchase coverage if they file for Election of Coverage with the Division of Workers’ Compensation.
Other exemptions include:2
Corporations outside of the construction industry must register with the Florida Department of State, Division of Corporations. An applicant applying for an exemption has to be an officer of the corporation.
Limited liability companies (LLCs) outside of the construction industry must register with the Florida Department of State, Division of Corporations. An applicant must have at least a 10% ownership of the LLC. No more than 10 members of an LLC can be exempt.
For businesses in the construction industry, the eligibility for exemption is different.3
Corporations in the construction industry must register with the Florida Department of State, Division of Corporations. An applicant has to be an officer of the corporation and have at least 10% ownership. No more than three officers can be exempt. There is also a $50 application fee.
LLCs in the construction industry must register with the Florida Department of State, Division of Corporations. The applicant has to have at least 10% ownership in the LLC. No more than three members of an LLC can be exempt. There is also a $50 application fee.
Florida’s Division of Workers’ Compensation provides more details on these exemptions.
Florida Workers’ Compensation Laws
Florida’s workers’ comp laws explain how the system works and details such as:
- Which employers need to carry workers’ comp coverage
- When injured or sick employees receive benefits
- How much a workers’ compensation attorney gets paid
Florida has a governing Division of Workers’ Compensation. It helps ensure businesses have the resources to participate in workers’ comp in Florida and other workers’ compensation programs. Through this department, they’re able to assist with injured workers’, employers, health care providers and insurers to see through the laws and rules to Florida’s workers’ compensation. The Division also educates participants of their rights and responsibilities.4
If your business expands to another state outside of Florida, keep in mind that you may have to deal with very different laws and regulations.
Florida Workers’ Compensation Laws & Regulations
There’s plenty to be mindful of when considering the right workman’s comp insurance. Business owners have to be aware of recent laws and rules going into effect. For example, Rule 69L-6.025, “Conditional Release of Stop-Work Order and Periodic Payment Agreement,” went into effect June 19, 2018.5 You can read more about law changes on the Division of Workers’ Compensation website.
Florida’s no-fault workers’ comp statutes designate any work-related injury to receive compensation from insurance coverage. It also allows the employer to avoid lawsuits filed by employees if they get hurt or sick from their job.6
Florida Workers’ Compensation Rates
Workers’ compensation rates in Florida are dependent on a few different factors. Workers’ compensation insurance costs include:
- Insurance premiums
- Payments made under deductibles
- Administrative costs of handling claims
- Making reports to the state and your insurer
What you pay for a workers’ comp policy varies from business to business. Generally, factors that can affect the cost of your policy include:
- The size of your payroll
- Your claims history
- Classification codes, which are based on the type of work your employees do.
Workman’s Compensation Formula
The cost of workman’s comp insurance is calculated based on a rate charged per $100 of payroll. You can use this formula to get an estimate on your cost of workers’ compensation:
Workers’ Classification Code Rate X Experience Modification Number X (Payroll/$100) = Premium**
Your workers’ classification code rate is determined by the type of work performed by your employees. Different types of work receive different rates. States, such as Florida, provide the basis for rates by certain classification codes.
Get a quote today to find out what your workers’ comp costs are. You can also call 855-829-1683 to speak to one of representatives who are happy to help you get the protection you need.
Florida Workers’ Compensation Claims
Visit our workers' comp claims page to file a workers’ compensation claim in your state.
This article provides general information, and should not be construed as specific legal, HR, financial, insurance, tax or accounting advice. As with all matters of a legal or human resources nature, you should consult with your own legal counsel and human resources professionals. The Hartford shall not be liable for any direct, indirect, special, consequential, incidental, punitive or exemplary damages in connection with the use by you or anyone of the information provided herein.
* Workers’ compensation requirements as of January 2019.
** The simplified workers’ compensation premium calculation is for reference purposes only. Actual premium calculations can be more complex. Experience mods are subject to state requirements and do not apply to every policy.