FAQ: Workers' Compensation Insurance in Florida

Workers' compensation insurance is required in most states. Florida workers' compensation insurance helps cover the medical expenses and lost wages of an employee who is injured or becomes ill as a result of their job. This policy provides protection for the business and the staff member.

The cost of Florida workers' compensation insurance will vary from company to company. The premiums are set by industry and within a range per job type. Check out some current Florida workers' compensation rates from low to high below: 

IndustryLow CostHigh Cost
Gas Stations-Convenience Stores$2.09$2.09
Retail Stores-Merchandise-Cannabis Dispensary$1.56$1.56
Warehouse & Storage Facility$4.25$4.25
Auto Service & Repairs-Mechanic$2.80$2.80
Auto Body Repair$1.72$1.72

In Florida, workers' compensation insurance is required by state law. Each employer with one or more employees must provide workers' compensation insurance to their staff. Not complying with this law could result in fines or worse. 

Florida workers' compensation coverage covers lost wages and medical expenses of an employee who is injured or becomes ill due to a work-related loss. These include the following: 

  • Traumatic injuries
  • Repetitive injuries
  • Some mental or cognitive injuries
  • Occupational illnesses/diseases

Not every claim will be covered under your Florida workers' compensation policy. The following incidents will usually be excluded from your coverage:

  • Intentional injuries or illnesses
  • Injuries or illnesses sustained outside of work
  • Injuries or illnesses sustained while committing a crime
  • Injuries or illnesses sustained under the influence of drugs or alcohol

Some clients or customers may ask for evidence of insurance to do business with your Florida company. This is known as a certificate of insurance and provides your workers' compensation policy limits and expiration dates. Your independent insurance agent can give you a certificate of insurance for free. 

Consider using a local independent insurance agent if you're searching for Florida workers' compensation coverage that doesn't break the bank. They work with dozens of top-rated carriers at once and do the shopping for free, making it super-easy. 

Florida does not count workers' compensation benefits as taxable income. This is good news for your employees who may have to file a claim against your workers' compensation policy. 

What Are the Best Workers' Compensation Insurance Companies in Florida?

National Average Cost of Workers' Compensation Insurance

Healthcare $1,825 Per $100,000 payroll

Retail Trade $2,850 Per $100,000 payroll

Construction $7,430 Per $100,000 payroll

Workers' Compensation Insurance Laws in Florida

If you have one or more employees in Florida, you are required to carry workers' compensation insurance. Coverage limits need to be at the minimum guidelines to comply with local law. If you're found without proper coverage, you could face serious fines. 


Common Workers' Compensation Claims in Florida

The top 5 industries for fatal occupational injuries in Florida:

  1. Private industry
  2. Goods producing
  3. Construction
  4. Manufacturing
  5. Service providing


The distribution of fatal occupational injuries by event in Florida, in order:

  1. Transportation incidents
  2.  Falls, slips, trips
  3. Exposure to harmful substances or environments
  4. Violence and other injuries by persons or animals
  5. All other

According to statistical data, 275 workers' compensation claims turned fatal in Florida in one recent year. When this occurs, your workers' compensation policy can help pay for the funeral expenses of the affected employee.