Workers’ Compensation Insurance

If one of your employees is injured on the job and requires medical care, Workers’ Compensation Insurance is used to cover  the cost of the treatment and some of their wages if time is required away from the job.  This type of business insurance is sometimes known as workers’ liability insurance, workman’s compensation insurance or simply workers’ comp.  As a rule, an employer cannot be sued for benefits if they carry worker’s compensation insurance.  When not mandated by law, this is one of the primary reasons to carry Workers Comp insurance in Florida. 

In Florida, Workers’ Compensation Insurance is required for state and local government offices and all construction companies regardless of size.  Farms consisting of five or more permanent employees and/or twelve or more seasonal workers are required to maintain Worker’s comp as are all other businesses with four or more employees.  A small clerical office of only two employees is not required to carry workers’ comp insurance but the employer may be responsible for the cost of medical care should an accident with injuries occur and the employee files suit.

Florida Workers’ Comp Insurance
Protecting You and Your Employees

A critical part of any business insurance portfolio, Florida’s Workers’ Compensation law covers all accidental injuries and occupational diseases arising out of and in the course and scope of employment including any infections or diseases produced from an injury. The law also covers death resulting from such injuries within specified periods of time.  However, there are some conditions where compensation is not provided including “pain and suffering” or when the employee is impaired through drugs or alcohol.

Workers Comp insurance is so affordable that even when not mandatory for very small businesses, it can be easily added to their portfolio to avoid a law suit if an injured employee seeks compensation directly from the employer.  The cost of a typical workers’ compensation premium will depend on the nature of the business, the size of the payroll and the amount of accidents that have happened in the past.  Contact us today for more information and a quote on the workers comp policy that fits your business needs.