Florida Workers Comp Insurance End of Year Renewals
Many Florida business owners have important tasks to take care of at the end of the year. That includes insurance renewals, and for a number of businesses, their workers comp insurance plan in Florida will be set to expire and need to be renewed at the end of the calendar year as well.
With that deadline fast approaching, it’s important to stay ahead of the curve and take care of it before there’s a risk of it lapsing.
What else do you need to know about your Florida workers compensation insurance? The key thing to keep in mind is the requirement on whether or not you need it, which is based on two factors:
- Your industry
- How many employees you have
For example, all construction businesses must have proper workers comp insurance in Florida, regardless of how many employees they have. Meanwhile, in the agricultural industry which fluctuates so greatly dependent on the season, the requirements are either 12 seasonal employees for at least 30 days, or six regular employees. In either case, the rule is the same whether they are full or part-time employees.
For all employers outside of the construction and agricultural industries, there are different requirements. All other businesses who have four or more employees must have Florida workers comp insurance. Once again, this holds true whether or not they are part-time or full-time.
We’ll help you get a great rate on your Florida workers comp insurance, with a stress free experience. Call our team NOW 407 889 2612 for a free quote today to get started.