Smith & Thomas Insurance

Worker’s Compensation Insurance

If you have employees in Florida, chances are you’re required to carry workers’ compensation insurance. It helps protect both your business and your team if someone gets injured or becomes ill on the job.

At Smith & Thomas Insurance, we help businesses understand their requirements, find affordable coverage, and stay compliant.

What is Workers’ Compensation Insurance?

Workers’ compensation insurance (often called “workers’ comp”) helps cover medical expenses and lost wages if an employee is injured or becomes ill because of their job.

In most cases, it also helps protect employers from lawsuits related to workplace injuries.

It typically covers things like:

  • Medical treatment after a workplace injury
  • Partial wage replacement while recovering
  • Rehabilitation services
  • Disability benefits if needed
  • Employer liability protection

Do You Need Workers’ Comp in Florida?

In Florida, many employers are legally required to carry workers’ compensation insurance.

You generally need coverage if you have:

  • 4 or more employees in most industries
  • 1 or more employees in construction
  • Certain agricultural businesses with 6+ regular employees or 12+ seasonal workers

Even if you’re not legally required, many clients, general contractors, and vendors will still require proof of coverage before working with you.

What Happens If You Don’t Have It?

Not carrying workers’ comp when required can lead to serious consequences, including:

  • Fines and penalties
  • Stop-work orders
  • Liability for medical bills and lost wages
  • Lawsuits from injured employees
  • Difficulty getting contracts or jobs

It’s one of those coverages that becomes very expensive very fast if it’s missing when you need it.

What Does It Cover?

(What Doesn’t It Cover?)

Typically covered:

  • On-the-job injuries
  • Repetitive stress injuries
  • Work-related illnesses
  • Emergency medical care
  • Ongoing treatment and rehab

Typically NOT covered:

  • Injuries outside of work duties
  • Intentional self-inflicted injuries
  • Independent contractor injuries (in most cases)
  • General liability claims unrelated to employee injury

How Much Does Workers’ Comp Cost?

There’s no flat price. Workers’ comp is based on risk.

Your premium depends on:

  • Type of work your employees do
  • Payroll size
  • Claims history
  • Industry classification code
  • Safety practices

For example, office work usually costs far less than construction, roofing, or electrical work.

We help you find the most competitive pricing available for your class of business.

Why Work With Us?

Workers’ comp can feel complicated fast—especially if you’re unsure whether you’re classified correctly or paying too much.

We help you:

  • Understand your legal requirements
  • Get properly classified (this matters a lot for cost)
  • Avoid overpaying due to misclassification
  • Find carriers that fit your risk profile
  • Stay compliant as you grow your business

Get a Workers’ Compensation Quote

Whether you’re required to carry coverage or just want to protect your business, we can help you explore your options.

Reach out today for a quick quote or coverage review. We’ll walk you through what you actually need—no guesswork.