Is There a Minimum Number of Employees for Workers’ Comp in Florida?

Florida has strict laws regarding which companies need Workers’ Compensation insurance. Generally, whether or not your business needs coverage will depend on the number of workers it employs.

Whether or not a company needs Workers’ Compensation insurance in Florida is based on its industry and its number of employed workers. For example, construction companies in Florida are always required to carry Workers’ Compensation insurance, regardless of how many workers they employ. Agricultural companies need to purchase coverage when they have a minimum of six regular or 12 seasonal employees. Any non-construction or non-agricultural businesses with a minimum of four employees also need Workers’ Compensation insurance. Regardless of whether or not your company is required to carry Workers’ Compensation insurance in Florida, doing so is wise to protect your business in case of an employee injury.

At NPN Brokers, we match Florida businesses with affordable Workers’ Compensation insurance they can rely on. To learn more about the Florida Workers’ Compensation insurance brokers at NPN Brokers, call us today at (561) 990-3022.

What’s the Minimum Number of Employees for Workers’ Comp for Florida Construction Companies?

In Florida, construction is considered one of the most high-risk industries for workplace injuries. Because of the risk for employee injuries, construction companies in Florida must carry Workers’ Compensation insurance regardless of how many workers they employ.

All Florida construction companies are required to carry Workers’ Compensation insurance. That rule applies to sole proprietorships in the construction industry too. So, whether you employ one or 20 workers at your construction company, you’ll need to carry Workers’ Compensation insurance in Florida.

The difficulty is, Workers’ Compensation coverage can be expensive if you are in a high-risk industry. Because of that, construction companies need access to affordable coverage. To find coverage at a lower rate that will still protect your construction company in the event of an employee injury, turn to our Florida small business workers’ compensation insurance brokers.

Remember, regardless of how many workers you employ at your Florida construction company, you must carry Workers’ Compensation insurance. If you don’t, you could be held financially liable if an employee is injured on the job.

When Do Florida Agricultural Companies Need Workers’ Comp for Employees?

While construction companies must carry Workers’ Compensation insurance, regardless of how many workers they employ, the rules differ for agricultural businesses. In Florida, the minimum number of employees for Workers’ Compensation insurance depends on whether a company employs seasonal or full-time employees.

Agricultural businesses with six or more regular employees need to carry Workers’ Compensation insurance. This means full-time workers who are employed for most of the calendar year. That being said, agricultural companies with less than 12 seasonal employees don’t need to carry Workers’ Compensation insurance. So, suppose your agricultural company employs less than 12 seasonal employees who work less than 45 days out of the calendar year. In that case, you aren’t required to purchase Workers’ Compensation insurance in Florida.

That being said, just because your Florida agricultural company isn’t required to carry Workers’ Compensation insurance doesn’t mean it shouldn’t. Your business could still be held financially liable for an injured employee’s expenses, even if you aren’t required to carry Workers’ Compensation insurance in Florida. If you want to purchase insurance but are concerned about the cost, reach out to our experienced Florida Workers’ Compensation insurance brokers. We can help agricultural companies find affordable coverage that meets their needs.

Which Florida Businesses Need Workers’ Comp for Four or More Employees?

Workers’ Compensation insurance isn’t just reserved for large companies or those in high-risk industries. Even small and medium businesses in Florida are required to carry Workers’ Compensation insurance if they have a certain number of employees.

In Florida, non-construction and non-agricultural businesses of any kind that employ four or more workers need to purchase Workers’ Compensation insurance. That includes small and medium businesses that may have difficulty finding affordable coverage.

It’s important to note that, in Florida, business owners that are corporate officers or LLC members are considered employees unless they file for an exemption. So, if you are an LLC member and employ three workers, you must carry Workers’ Compensation insurance. This rule doesn’t apply to non-construction sole proprietors or partners in a partnership.

Should You Get Workers’ Comp if You Aren’t Required to in Florida?

If you’re confident that you employ less than the minimum number of employees for Workers’ Compensation in Florida, what should you do? Should you not purchase insurance coverage and hope a workplace injury doesn’t happen, or get insurance just in case? Because there’s always a chance of a workplace injury, it’s wise to purchase Workers’ Compensation insurance even if you are not legally required to.

Just because Florida doesn’t require your business to carry Workers’ Compensation insurance doesn’t mean you shouldn’t. Workers’ Compensation coverage protects employers from financial liability in the event of an employee injury. Even if Florida doesn’t require your specific business to purchase Workers’ Compensation insurance, that doesn’t shield you from responsibility if an employee is injured at work. In fact, employers can still be held financially liable for an employee’s injuries.

Not purchasing coverage through a Florida Workers’ Compensation insurance broker will leave your business unprotected. Regardless of how many workers you employ, your insurer will pay out benefits to injured employees when you have coverage. When you don’t have coverage and a worker is injured on the job, compensating them becomes your business’ responsibility.

Our Florida Brokers Can Help You Find Affordable Workers’ Comp Insurance

Instead of risking financial liability after a workplace injury, protect your Florida business by purchasing Workers’ Compensation insurance. To learn more about the Florida Workers’ Compensation insurance brokers at NPN Brokers, call us today at (561) 990-3022.