Florida Workers’ Compensation: Information You Need to Know

Each state sets its own requirements for workers’ compensation insurance policies and coverage. That’s why it’s so important to take a closer look at what your state may require and make sure you’re following all the latest regulations. Here, we’ll provide a summary of Florida’s workers’ compensation requirements and how they break down their mandates.

The state of Florida has regulations for this that are a bit more complex than other states. They offer essentially two different ways of breaking down your requirements, depending on company size and industry type.

One of the reasons for this is the prominence of the agricultural industry in Florida, which is different from many other states in the country. Not only is it a huge industry in the state, but unlike other areas, it is highly seasonal.

Therefore, agricultural businesses that have 12 seasonal employees, for 30 days or more, or those that have six regular employees throughout the year, must have workers’ compensation coverage.

Meanwhile, in the construction business, there is no minimum number of employees. The mandate is that any employer in the construction industry must provide workers’ compensation insurance, no exceptions.

Agriculture and construction are the two industries with their own rules. For all other companies in their myriad industries, the requirement or minimum is four or more employees.

Employees may be full-time or part-time in all of the above cases. That’s to prevent employers from keeping more part-time employees simply to avoid insurance and other liabilities. Companies with corporate structures, board members, etc. may apply certain exemptions or exceptions, but these can be handled on a case-by-case basis.

Another factor to consider is when your policy may expire and, in turn, must be renewed. There is no strict mandate on what this date is in Florida. That said, for many companies the due date will be set for the end of the calendar year, December 31st. It’s important to keep that in mind for year-end planning at that time.

For any business owner or manager trying to properly maintain their coverage for this and all other types of business insurance or surety bonds, it’s important to work with a local expert who can guide you through the process. Always consult with a professional before handling anything on your own, to ensure that you are completing all the necessary steps in the correct manner.