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Purchasing Workers Comp Insurance in Florida

Florida State Coverage Requirements

    Non-construction companies with four or more full or part-time employees are required to purchase workers compensation insurance in Florida. All construction related businesses are required to purchase coverage regardless of the number of employees unless the entity is permitted to file an owner exemption.

    Construction related companies are almost always required to have coverage. Sole-proprietors and partners are not allowed to be exempt from workers comp insurance. A corporation or an LLC may exempt up to 3 Officers if each Officer owns a minimum of 10% stock.

    Sole-Proprietors and Partners (non-construction) are not required to cover themselves on workers compensation and are automatically excluded. They can elect to be covered by filing form DWC-251. A Notice of Election Form WC1415 form must be filed with he state and insurance company.

    Corporate Officers (non-construction) can be exempt from coverage if they own stock and hold office on the Board of Directors.

    LLC Members (non-construction) are treated as employees automatically, but they may elect to be exempt from coverage.

2020 Payroll Limits & Owner Exclusion Requirments

    Sole-Proprietors and Partners included in coverage are required to utilize a minimum payroll of $47,700.

    Executive Officers who are included in coverage must use a minimum payroll of $46,800 and a maximum payroll of $145,600 for premium rating. Officers in the construction industry must use a minimum of $23,400.

    LLC Members minimum payroll requirement is determined by how the LLC is established for tax purposes: sole-proprietor, partnership, or corporation. Contractors will all be treated as a corporation.

Workers' Comp Insurance Varies by State- Know the Law

Every state has their own rules for how employees must be covered and how they must be classified for rating purposes. A lot of states use state specific class codes and have different requirements for who is obligated to carry workers' compensation insurance coverage.

If you have employees that travel out of state for work, or they work in multiple states throughout the year, you may need to purchase insurance for all the states where your workers are located and working. In most cases, you can add multiple states to one policy.

Workers' Compensation Insurance in Florida can be purchased from private insurance companies authorized by the state to provide coverage. The Assigned Risk Pool, or State fund coverage, is available for employers who are unable to find coverage from a private company. can help you navigate your best options.

Policy premium is based on numerous factors including: class codes assigned to your business and employees, estimated payroll, covered states, prior policies, owner experience and claims.

Enjoy the benefits of our Pay As You Go Workers' Comp Options in Florida.

$O Deposit or Minimum Down

We've developed Pay As You Go worker compensation programs that reduce or eliminate premium deposits and allow Florida employers to report and pay premium based on actual payroll wages. Reduce your audit risk.

More Payment Options

We've negotiated special terms with many of our insurance partners to offer more flexible payment options like 12 equal installments plans and monthly reporting programs to help improve cash flow for our business owners.

Florida Comp Specialists

We're a national agency, but Florida is one of our top states for workers comp coverage. That's because we offer dozens of insurance companies that specialize in workers compensation. Their looking to quote your insurance today.

Quote Florida Workers Compensation With Us

Florida Owners and Officers

State regulations regarding owners and officers' ability to include or exclude themselves from coverage can be cumbersome. Rules vary significantly between non-contractor and construction related risks. We'll help you navigate the laws and get the most affordable policy.

Need Help With Florida Class Codes?

Insurance rates can vary significantly between NCCI classification codes. Let our FL Workers Compensation Specialists help you determine your correct workers compensation class codes before your buy a policy. We'll help make sure your business is properly covered.

Faster Workers Comp Quotes

We make the process of getting workers compensation quotes fast and easy. We know your time is valuable. That's why we work harder to streamline the quote process, compare your rates and coverages, and present your best options as quickly as possible. We often have your insurance quotes ready in less than 24 hours.

Shop Over 35 Insurance Carriers

We're a National Agency, and we have tons of carriers offering work comp in Florida. We have access to over 35 insurance companies with a diverse appetite and competitive rates. Our markets know we expect the lowest rates, bigger discounts, and more policy credits when we request a quote.


Did you know that the cost of a workers comp policy in Florida can vary significantly between insurance company, underwriter, and insurance agency?
Find the best deal on workers compensation insurance.
Visit NCCI for more resources and information about workers' compensation class codes. Visit United States Department of Labor for more information about government agencies managing workers compensation insurance rates.

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