For many businesses, workers' compensation is the most expensive line of insurance. It is required by law for Florida businesses and the rates are established by the state government. There are many ways to control your final cost and reduce the premium that you pay each year for this coverage. As a business owner, it is first important to understand what workers compensation insurance is, what it covers, how employees are classified, and how the rates are calculated. For more information about each of these topics, please read our overview of Florida workers' compensation insurance.

Workers' Compensation Insurance was conceived during the industrial revolution in an effort to protect workers that were injured on the job. The first major movements were made by Germany and England. In 1908, the first related law was passed by the United States Federal Government protecting their own inured employees. It was left up to the state governments to enact laws protecting the workers of businesses within their states. Florida passed their first workers' compensation law in 1935 and major changes have been made to it since that time.

All business in Florida with more than 3 employees and more than 1 employee in the construction industry are required to carry workers' compensation coverage. The law contains many details in regards to policy limits and the rights and compensation an injured worker should receive.

There are many insurance carriers that provide workers' compensation insurance in Florida. It is important to have your policy insured through a stable company that will be able to properly handle any claims that may occur. For more information on some of these insurance carriers, please click the link below.

As a business owner, you have many responsibilities and risks. Insurance is a way to ease the risk of doing business and allows you to continue operating even during hard circumstances. It is important to understand how your insurance policies work and how they will react during a claim. Please review the information provided about workers' compensation insurance on the webpages on the menu to the left. If you have any further questions, please look over our answers to questions that have been asked by other business owners or feel free to ask a workers' compensation question on our online form. We look forward to hearing from you and assisting you in any way possible. Thank you for taking the time to read through our website.