Wouldn’t you agree that every business needs protection in case someone gets injured while working? Well, Workers compensation insurance is a vital part of any business and is required in almost every state.
There are some 2,494,279 Florida small business owners, entrepreneurs, freelancers, or sole proprietors that need a workman’s comp policy.
But, what’s the best workers compensation insurance in Florida for businesses?
We made this quick and easy guide to assist you in finding the best workers compensation insurance company in Florida. You’ll learn about costs, what’s covered, exclusions, and more.
Best Companies For Workers Compensation Coverage In Florida At A Glance
Top Workers Compensation Insurance Companies In Florida
|
Insurance Provider |
Best For |
Key Features |
Availability |
|---|---|---|---|
|
The Hartford |
Quick Quotes & Established Businesses |
Industry expertise, bundled policies, online quotes |
Nationwide |
|
Progressive Commercial |
Quick Online Quotes & Small Businesses |
Fast application process, broad coverage options |
Nationwide |
|
Hiscox |
Small Businesses & Professional Services |
Online quotes, easy COIs, integrates with other Hiscox policies |
49 states (excl. AK) |
|
Employer’s Insurance |
Low-Risk Industries & Remote Teams |
Competitive pricing, loss control services, return-to-work programs |
Nationwide |
Best Workers Compensation Insurance In Florida for Small Businesses
The Hartford is the best workers compensation insurance provider for small businesses in Florida. It combines industry-specific expertise (e.g., retail, hospitality, construction) with policies tailored to Florida’s strict labor laws. Small businesses benefit from:
- Bundled discounts (e.g., savings when pairing workers’ comp with general liability insurance).
- Instant online quotes and policy activation, ideal for fast-moving small businesses.
- Free workplace safety training aligned with Florida’s OSHA requirements.
- Dedicated claims specialists familiar with FL’s disability and return-to-work regulations.
Best Workers Compensation Insurance In Florida for Micro Businesses
The Hartford is the top choice for workers compensation insurance for micro businesses (1–10 employees) in Florida. Its policies address unique challenges like limited payrolls and part-time workers:
- No minimum payroll requirements, critical for businesses with seasonal or gig workers.
- Rates as low as $99.00/month, the most affordable option for micro-business budgets.
- Mobile app management for certificates of insurance and claims tracking.
- Compliance assurance with Florida’s exemption rules (e.g., contractors, sole proprietors).
Best Workers Compensation Insurance In Florida for Midsize Businesses
The Hartford is the leading provider for workers compensation insurance for midsize businesses (50–250 employees) in Florida. It offers scalable solutions for growing companies:
- Experience Modification Rate (X-Mod) optimization to reduce premiums through safety programs.
- Multi-state coverage for businesses operating beyond Florida.
- Return-to-work programs that minimize lost productivity under FL’s disability laws.
- Tailored risk management for high-risk industries like manufacturing and healthcare.
Who Is The Cheapest Workers Comp Insurance Provider in Florida?
The Hartford offers the cheapest workers compensation insurance in Florida, with rates starting at $99.00 per month for micro and small businesses. They also offer instant estimates, no-commitment quotes, and instant coverage. Key reasons for its affordability:
- Payroll-Based Pricing: Premiums scale directly with payroll size, avoiding over-payment for seasonal or part-time workers.
- Bundled Discounts: Save up to 15% by combining workers’ comp with other policies like general liability.
- X-Mod Savings: Businesses with strong safety records qualify for reduced premiums via Experience Modification Rate discounts.
- No Broker Fees: Direct online quoting cuts out middlemen, lowering administrative costs.
- Florida-Specific Efficiency: Streamlined claims processes and compliance with FL’s labor laws minimize overhead, passing savings to businesses.
Why The Hartford Dominates Workers Comp Insurance Categories in Florida:
The Hartford dominates workers’ comp insurance in Florida due to its cost transparency, strong claims support, tailored small business coverage, and tech-driven tools. Its reputation for fast payouts, bundled policies, and customer service makes it a top choice. The company also offers industry-specific risk management solutions.
Key Reasons for Dominance:
- Cost Transparency: Clear, payroll-based pricing with no hidden fees—premiums scale directly with payroll size, ensuring businesses only pay for what they need.
- Compliance Expertise: Policies built for Florida’s unique mandates, including coverage for businesses with 1+ employees and alignment with FL’s disability/return-to-work laws.
- Speed: Instant online quotes, mobile app claims tracking, and same-day policy activation cater to fast-paced Florida businesses.
- Reputation: Backed by an A+ financial strength rating (AM Best) and 200+ years of industry trust, ensuring reliable long-term claims support.
- Tech-Driven Tools: AI-powered risk assessments and app-based certificate management streamline compliance for Florida’s strict labor environment.
Where to Get The Best Workers Compensation Insurance in Florida?
Get the best workers compensation insurance in Florida by comparing top-rated providers like The Hartford, Hiscox, and Employers Insurance. Prioritize companies offering fast claims, competitive premiums, and strong support for Florida labor laws. Use platforms like Simply Insurance to compare rates instantly.
Top Private Workers Compensation Insurance Companies in Florida
Private insurance companies offer a range of workers’ compensation policies tailored to diverse business needs. Notable providers include:
- The Hartford: Recognized for comprehensive coverage options and a strong focus on customer service, The Hartford caters to businesses of various sizes.
- Hiscox: Popular with small businesses and professional services; offers streamlined online quotes, easy COIs, and integrates with other Hiscox policies.
- Progressive Commercial: Offers flexible workers’ compensation policies, competitive pricing, and a simple online quoting process for Florida businesses.
- Employers Insurance: With a focus on small businesses, Employers Insurance provides cost-effective workers’ compensation solutions tailored to the unique challenges faced by smaller enterprises.
When selecting a private insurer, it’s essential to compare coverage options, premium costs, and customer reviews to ensure the best fit for your business.
Who is the Largest Workers Compensation Insurance Company in Florida?
The largest workers compensation insurance company in Florida is The Hartford. The Hartford insures thousands of Florida businesses and is known for its strong financial stability, fast claims processing, and proactive risk management services tailored to meet Florida’s regulatory environment.
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How Much Workers Compensation Insurance Do I Need in Florida?
Most states require you to have at least $500,000 in workers comp coverage for your employees. However, the amount of coverage you need will depend on your business’s size, location (which impacts finding the Best Workers Compensation Insurance In Hawaii For Your Business In 2026), and type.
How Much Is Workers Compensation Insurance in Florida?
Average cost of worker’s comp insurance in Florida is $99.00 per month or $1,188.00 per year. In FL, workers’ compensation insurance costs $1.45 per $100 of payroll, depending on industry risk, claims history, and employee roles. High-risk industries like construction pay more, while office-based businesses pay less. State Fund and private insurers offer rate calculators to estimate costs accurately.
Average Cost of Workers Comp Insurance in Florida
The table below provides illustrative examples of workers’ compensation insurance rates for various industries in Florida. These figures are approximate and can fluctuate based on specific circumstances and insurers.
|
INDUSTRY |
JOB ROLE |
RATE PER $100 OF PAYROLL |
MONTHLY PREMIUM |
|---|---|---|---|
|
Construction |
General Contractor |
$3.00 – $30.00 |
$750 – $7,500 |
|
Manufacturing |
Machine Operator |
$2.50 – $15.00 |
$625 – $3,750 |
|
Healthcare |
Registered Nurse |
$1.75 – $5.00 |
$437.50 – $1,250 |
|
Retail |
Sales Associate |
$1.00 – $3.00 |
$250 – $750 |
|
Clerical/Office |
Administrative Assistant |
$0.40 – $1.00 |
$100 – $250 |
*Assuming a monthly payroll of $25,000.
These estimates highlight how industry classifications impact insurance premiums. Businesses in higher-risk industries, such as construction, face higher rates due to the increased likelihood of workplace injuries. Conversely, office-based roles typically attract lower premiums reflecting their reduced risk.
Employers can utilize rate calculators provided by insurers like State Fund and private insurance companies to obtain more accurate estimates tailored to their specific business operations and workforce.
Workers Comp Rates in Florida (Per $100 Payroll)
Workers comp rates in Florida cost around $1.45 per $100 of payroll, based on job classification codes. Low-risk jobs like clerical work average $0.75–$1.50, while high-risk jobs like roofing can exceed $25. The Workers’ Compensation Insurance Rating Bureau sets advisory pure premium rates annually.
Florida Workers Comp Rates by Classification
The National Council on Compensation Insurance (NCCI) assigns specific classification codes to various job types, each with its own advisory pure premium rate. These rates reflect the anticipated cost of claims associated with each classification. Below is a table illustrating sample classification codes along with their corresponding advisory pure premium rates:
|
CLASSIFICATION CODE |
INDUSTRY / JOB TYPE |
ADVISORY PURE PREMIUM RATE PER $100 OF PAYROLL |
|---|---|---|
|
0042 |
Landscaping Gardening |
$6.56 |
|
5183 |
Plumbing |
$1.68 |
|
8810 |
Clerical Office Employees |
$0.35 |
|
8742 |
Salespersons – Outside |
$0.65 |
|
7228 |
Trucking – Local Hauling |
$8.25 |
|
9015 |
Building Operations by Owner |
$0.97 |
|
8835 |
Home Health Care Services |
$5.32 |
| 8006 |
Grocery Stores |
$2.15 |
|
8017 |
Retail Stores – NOC |
$1.85 |
|
8387 |
Automobile Service or Repair Centers |
$3.30 |
Note: These rates are subject to change and may vary based on the insurer and specific circumstances of the business. Employers should consult with their insurance providers or the NCCI for the most current and applicable rates for their classifications.
How Long Does Workers Comp Last?
If you’re wondering how long workers compensation will last, the answer is different for everyone. The more severe a work-related injury or sickness, the more extended payments might last.
If you think your employee will require future medical treatment beyond regular workers’ comp payouts, advise them to speak with a lawyer about legal matters.
Factors That Affect Workers Compensation Costs in Florida
Workers compensation costs in Florida are affected by job classification, payroll size, claims history, and safety record. High-risk roles like construction increase premiums, while a clean safety record lowers them. Experience modification rates (X-Mod) also adjust premiums based on past claims compared to industry averages.
Let’s take a deeper look at several key factors:
- Job Classification: Each occupation is assigned a classification code reflecting its risk level. High-risk roles, such as those in construction, typically incur higher premiums due to the increased likelihood of workplace injuries.
- Payroll Size: Premiums are calculated per $100 of payroll. Consequently, businesses with larger payrolls will have higher overall premiums, as more employees equate to greater potential liability.
- Claims History: A history of frequent or severe workers’ compensation claims can lead to increased premiums. Insurers view past claims as indicators of future risk.
- Safety Record: Maintaining a strong safety record can positively impact premium costs. Fewer workplace incidents suggest effective safety protocols, making the business a lower risk to insurers.
- Experience Modification Rate (X-Mod): This rate adjusts premiums based on a company’s claims history relative to industry averages. An X-Mod below 100% indicates a better-than-average claims history, potentially lowering premiums, while an X-Mod above 100% can increase them.
Understanding and managing these factors can help businesses control their workers’ compensation insurance costs effectively.
Florida Workers Compensation Insurance Requirements
Florida requires all employers with four (4) or more employees to carry workers compensation insurance, regardless of hours worked. However, for the construction industry businesses need coverage for one or more employees. Coverage must be purchased from a licensed insurer or the State Fund. Sole proprietors are generally exempt but can opt in. Noncompliance leads to fines and criminal penalties.
Who Needs Workers Comp Insurance in Florida?
Florida requires all employers to be covered by workers compensation, even if they have only one person working for you if in the construction industry.
Even if a company’s headquarters are in another state, Florida law requires it to carry workers’ comp coverage for employees who work there regularly.
Which Industries Buy Workers Comp Policies in Florida the Most?
Below is a list of industries that most often purchase workman’s comp insurance for their new company or startup:
- Landscaping & Lawn Care
- Food & Beverage
- Legal
- Accounting & Finance
- Retail
- Hair & Beauty
- Fitness
- Day Care
- Commercial Cleaning
- Heating & Air Conditioning
What Are The Minimum Workers Comp Laws in Florida?
Employer liability in Florida is presently defined by the following minimums: $100,000 per occurrence for a workers’ compensation insurance policy. $100,000 per employee, and the total policy value must be at least $500,000.
Who Is Exempt from Workers Comp Insurance in Florida?
Workers compensation is necessary only for certain employees. In Florida, it is not required for certain workers, which include:
- Business owners/sole proprietors (aside from roofers)
- Contractors
- Domestic workers who are related to their employers
- Individuals who work for aid (food, housing, etc.) rather than pay
- Specific volunteers, including volunteers for non-profit organizations
- Deputy sheriffs and deputy clerks
- Students participating in amateur sporting events/amateur sports officials
Do Independent Contractors Need Workers Comp Insurance In Florida?
No, independent contractors are generally not required to carry workers compensation insurance for themselves. However, there are important considerations to keep in mind:
- Client Requirements: Some clients may require independent contractors to have their own workers’ compensation coverage as a condition of their contract. This requirement helps protect the client from potential liability in case of work-related injuries.
- Personal Protection: Even when not mandated, obtaining workers’ compensation insurance can be a prudent decision for independent contractors. It provides coverage for medical expenses and lost wages resulting from work-related injuries or illnesses, offering financial protection and peace of mind.
It’s crucial for contractors to stay informed about these requirements to ensure compliance and avoid potential penalties. For the most accurate and up-to-date information, contractors should consult the Florida Contractors State License Board (CSLB) or a legal professional familiar with Florida labor laws.
Is Workers Comp Required In Florida?
Yes! Even if you only have one employee in the construction industry, Florida employers must carry workers compensation insurance.For every other industry, Florida requires all employers with four (4) or more employees to carry workers compensation insurance. And if your workers are injured or sick because of their job, you must reimburse them for workers’ compensation benefits.
Workers compensation insurance covers essential services such as medical care, short-term disability payments, permanent disability pensions, additional job displacement benefits, and a return-to-work supplement. It also includes death benefits for final expenses.
How Workers Compensation Insurance Works in Florida?
Workers compensation insurance is a type of insurance that provides benefits to your employees if they suffer an occupational injury or sickness. Also known as workers’ comp or workman’s comp insurance, this type of coverage may help pay for your injured or sick employees’ medical costs. It can also assist with lost income due to missed work. Workers’ compensation insurance is designed to help you and your employees avoid financial harm caused by workplace injuries such as lost wages. This coverage will:
- Support companies in various industries
- Promote worker safety
- Get employees back to work or transitional work
- Provide access to training for new skills
Most states require companies with employees to carry workers’ compensation insurance. But requirements vary from state to state. Employees can receive workers’ compensation insurance, regardless of who is at fault for the injuries or illness.
What Does Workers Comp Insurance Cover in Florida?
Your insurance will cover the basics in Florida, including medical care, temporary disability benefits, permanent disability benefits, additional job displacement benefits, and a return-to-work supplement. Furthermore, death payments are covered by workers’ compensation insurance.
The vast majority of workers compensation claims are quickly resolved.
However, issues may arise if you and your employer can’t agree on whether you sustained the harm on the job and how much in benefits they are entitled to receive.
The following is a list of injured laborer benefit entitlements in Florida.
- Medical treatment fees
- Temporary disability payments
- Permanent disability payments
- Life pension payments
- Vocational retraining costs
- The cost of burial death benefits
What Types Of Employee Injuries Does Workers Comp Insurance NOT Cover In Florida?
Workers comp insurance in Florida does not cover injuries from intoxication, self-inflicted harm, off-duty activities, or violations of company policy. It also excludes emotional injuries without physical trauma and independent contractors. These exclusions help prevent fraud and ensure claims relate directly to work-related duties. Some examples include:
- Driving to/from work
- Intoxication/intentional act
- Horseplay
- Intentional acts
- Illegal activities
- Policy violations
- Terminated employees
How Is Workers Comp Different from Health Insurance?
One major difference between workers comp insurance and individual health insurance is that workers compensation insurance applies only to workplace injuries, while the latter only applies to non-work injuries.
Workers Compensation Benefits in Florida
Workers compensation benefits in Florida include medical care, temporary disability payments, permanent disability benefits, supplemental job displacement vouchers, and death benefits. These benefits aim to support injured workers during recovery, compensate for lost wages, and provide retraining or financial help to dependents if necessary
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How to File a Workers Comp Claim in FL
The law requires your employer in Florida to pay for your medical treatment while you’re away from work and recuperating if you are an eligible employee with a workplace injury or sickness.
However, if you want to receive these and other workers’ comp benefits in Florida, you must file a timely claim.
In most situations, filing a workers’ compensation claim in Florida is simply a three-step process:
- reporting the injury
- filing the actual claim with your employer
- Filing an “application for adjudication of claim” with the Workers’ Compensation Appeals Board (WFLB).
There are time restrictions for each of these phases. In some cases, you might get away with being late on the first two steps.
However, if you miss the deadline for the final step—and your employer’s insurance company refuses to provide or continue compensation—you may be out of luck.
If you are unsure, it’s always best to reach out to the Florida Department Of Insurance.
Workers Comp Settlement Chart in Florida
Florida workers comp settlement amounts vary by disability rating, wages, and injury type. A 10% permanent disability might result in $6,000–$8,000, while higher ratings can exceed $50,000. The Division of Workers’ Compensation uses a disability rating chart and formula to determine payouts.
The table below illustrates common injury scenarios and estimated settlement ranges based on Florida’s 2025 guidelines:
|
DISABILITY RATING |
INJURY TYPE |
FORMULA BASED RANGE (Min – Max) |
TYPICAL NEGOTIATED LUMP-SUM RANGE |
NOTES |
|---|---|---|---|---|
|
10% Permanent |
Back Strain, Minor Fracture |
$6,000 – $8,000 |
$6,000 – $12,000 |
Negotiated range reflects mid-level wages and quicker settlements |
|
25% Permanent |
Repetitive Motion Injury |
$25,000 – $35,000 |
$20,000 – $40,000 |
Includes carpal tunnel, partial loss of limb function. |
|
50% Permanent |
Severe Burns, Amputation |
$50,000 – $90,000 |
$45,000 – $85,000 |
Payouts adjust for future medical care and lost earning capacity. |
|
75% Permanent |
Spinal Cord Injury |
$100,000 – $200,000 + |
$90,000 – $175,000+ |
Permanent total disability can mean lifetime weekly benefits exceeding both columns |
*Formula-based range uses min/max comp rates for 300 weeks; does not include vocational rehab supplements, negotiated adjustments, or lifetime benefits for permanent total disability.
**Negotiated ranges are based on historical Florida settlements (public case data, attorney reports, insurer trends) and assume mid-to-high wage earners; actual results vary by case.
How To Get Workman’s Compensation Insurance In Florida?
You can buy worker’s comp insurance for your business instantly online in Florida from an online insurance agency like Simply Insurance. There is no need to wait around for a workers compensation pamphlet in the mail.
We make purchasing worker’s comp plans easy, fast, and 100% online.
Taking Action
Worker’s Compensation Insurance is a necessary cost for business owners who want to protect themselves and employees from the unexpected.
Finding the best workers compensation insurance in Florida at an affordable cost may seem daunting but business owners who do not carry coverage could end up paying out of pocket for any mishaps that occur while operating their small businesses.
All you need to do is click on any button to get some instant quotes and get covered today.
FAQs About Workers Compensation Insurance in Florida
How is worker’s comp insurance calculated in Florida?
The total amount of premiums collected is multiplied by $100 per employee per category. By multiplying each class’s payroll by $100, you can obtain an estimate for the payrolls in each class. The base premium is the sum of all premiums collected.
Do you need workers compensation coverage if you’re self-employed In Florida?
No, you don’t need workmans comp policy if you’re self-employed. However, even if workers’ compensation isn’t required, individuals who operate their businesses or work as contractors should strongly think about purchasing it.
Is workman’s comp required for part-time employees in Florida?
This is going to depend on your needs, the company that will have the cheapest insurance in Florida for you will depend on a number of factors that relate to your home, including the value of your home, the area you live in, what type of home you live in and what type of coverage you select. Your deductibles and coverage limits will make up a portion of the cost.
Can I use my own insurance instead of workman’s comp in Florida?
Yes, you can also self-insure for workers’ compensation, but it isn’t usually recommended. You might need assistance from a commercial broker-agent who can also provide information on State Fund and self-insurance.
Am I Required to Have Workers Compensation Insurance in FL?
Yes, Florida law requires all employers with at least four (4) employees to have workers’ compensation insurance, even for part-time or temporary staff. Failure to carry coverage can result in severe penalties, including fines, criminal charges, and personal liability for workplace injuries.
What Is the Best Workers Compensation Insurance in Florida?
The Hartford is the best workers compensation insurance provider for small businesses in Florida. It combines industry-specific expertise (e.g., retail, hospitality, construction) with policies tailored to Florida’s strict labor laws.
How Much Does Workers Compensation Insurance Cost in Florida?
The average cost of worker’s comp insurance in Florida is $99.00 per month or $1,188.00 per year depending on industry risk, claims history, and employee roles. High-risk industries like construction pay more, while office-based businesses pay less.
How Many Employees Trigger a Workers’ Comp Requirement?
In Florida, generally you only need four (4) employees to be required by the Florida labor code to purchase workers comp insurance unless your in the construction industry that requires only 1 employee. You must also pay for workers’ compensation coverage if your workers are injured or ill due to their job.