Workers’ Compensation Insurance for Florida Businesses
Workers’ compensation insurance helps Florida businesses protect employees when work-related injuries or illnesses occur. Coverage can help pay eligible medical expenses, lost wages, rehabilitation costs, and other covered benefits while helping employers manage the financial impact of workplace injuries.
Workers' Compensation Insurance Coverages and benifits
Medical Expenses
Helps cover authorized medical treatment related to a work injury or occupational illness, including doctor visits, hospitalization, prescriptions, and necessary treatment.
Lost Wages
Provides partial wage-replacement benefits for eligible employees who cannot work or who earn less because of a covered work-related injury.
Rehabilitation
May provide vocational rehabilitation services to help eligible injured employees return to suitable employment.
Impairment Benefits
Helps cover authorized medical treatment related to a work injury or occupational illness, including doctor visits, hospitalization, prescriptions, and necessary treatment.
Death Benefits
Certain workplace fatalities may qualify for funeral expenses and benefits for eligible dependents, subject to Florida law and applicable limits.
Workers’ Compensation Exemptions in Florida
Certain business owners may qualify for a Florida workers’ compensation exemption, allowing them to exclude themselves from workers’ compensation coverage if they meet state eligibility requirements. In the construction industry, qualifying corporate officers and LLC members generally must own at least 10% of the business, and no more than three individuals within an affiliated group may elect exemption; construction exemptions also require a $50 application fee. In non-construction businesses, eligibility rules differ, including separate requirements for corporate officers and LLC members. An approved exemption means the exempt individual is generally not entitled to workers’ compensation benefits under Florida law.
Legal Compliance
Florida workers’ compensation requirements depend on your industry and number of employees. In most non-construction businesses, employers with four or more employees are required to carry workers’ compensation insurance. Florida construction employers face stricter requirements: businesses with one or more employees generally must maintain workers’ compensation coverage. Contractors should also verify that subcontractors maintain required workers’ compensation coverage, because an uninsured subcontractor can create workers’ compensation liability for the hiring contractor. Certain business owners and corporate officers may qualify for exemptions when Florida’s eligibility and filing requirements are met.
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