Protect Your Business and Employees
As a business owner, your top priority is the safety and well-being of your employees. But accidents can happen, even in the safest workplaces. Workers compensation insurance in Florida becomes your safety net, ensuring that your employees are taken care of if they’re injured on the job. It also protects your business from potential legal and financial repercussions.
- Industry-Specific Coverage: Unique businesses have unique needs. We help you find the right coverage.
- Affordable Rates: We work with top-rated insurance providers to offer you competitive rates.
- Expert Support: Our experienced insurance specialists are here to guide you and answer all your questions.
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“Highly recommended for any of your business and commercial insurance needs. This agency really helped me protect my investments.”
Client of Skylake Insurance Agency
January 23, 2024
What is Workers Compensation Insurance?
Also known as workers’ comp insurance, it is a form of insurance that provides wage replacement and medical benefits to employees who got injured or became ill due to their job. This type of commercial insurance also pays death benefits to the families of employees who die on the job.
Is Workers’ Comp Mandatory in Florida?
Most employers are required to provide workers compensation insurance in Florida to their employees. The specific coverage requirements vary depending on the industry or number of employees.
Key Components of Workers Compensation Insurance
Coverage for Medical Expenses
- Workers’ comp covers all medical expenses. That includes doctor visits, hospital stays, surgeries, medications, and rehab services. The goal is to guarantee employees receive the necessary medical care to recover and return to work.
Wage Replacement
- In cases where an employee cannot work due to an injury, workers’ comp provides partial wage replacement. This helps injured workers maintain financial stability during their recovery period.
Disability Benefits
- Depending on the severity of the injury, workers’ compensation may also include disability benefits. Each disability type provides different levels of compensation based on the employee’s ability to work.
Death Benefits
- If a work-related injury results in death, workers’ comp provides death benefits to the deceased employee’s dependents. This usually includes a lump-sum payment and coverage of funeral expenses.
Get Your Free Quote of Workers Compensation Insurance in Florida
Ready to get started? Request your free, no-obligation quote today! Simply fill out the form below. Our team is here to answer any questions and help you find the perfect policy for your business.