Workers' Compensation Orlando
Reasonably-priced, simple, and all-inclusive insurance is obtainable for both your workforce and your enterprise. It doesn’t matter if you are unveiling an all-new start-up or have been around the block for a while - if your business hires people, Workers’ Compensation may be unavoidable.
Staff are provided with this coverage when they suffer illnesses or injuries on the job. They could be compensated for missing wages and medical care bills, among other expenses.
What is Workers' Comp Insurance?
As careful as you may be, accidents on the job can (and will) happen. Luckily, benefits are offered for your personnel and your enterprise. Everyone will be protected from work-related illnesses or injuries courtesy of Workers’ Comp.
Workers’ Comp Insurance covers the following:
- Missed Wages for ill and injured staff as they miss work.
- Medical Expenses cover treatment for ill and injured workers.
- Vocational Rehabilitation to help facilitate recovery for injured employees, especially if ongoing care is needed.
- Compliance with State Laws to bypass penalties and fines levied by Florida. If workers lack suitable coverage, a penalty will ensue.
- Minimize Out-of-Pocket Expenses - OCMI’s affordable Pay-As-You-Go plans keep you safeguarded from expensive workplace illnesses or injuries.
- Lawsuit Protection to prevent employees from suing you. This type of insurance comes with employer liability coverage.
- Death benefits that cover funeral expenses if an employee dies on (or because of) the job.
Who Need Workers' Comp Coverage?
Orlando businesses need this insurance if workers are part of the company. Construction companies need to get coverage after hiring someone, as per Florida state law. Non-construction enterprises have to get it after 4 employees are on payroll as well.
You may not need to carry Workers’ Comp. Orlando company owners must ask a state rep if this insurance is mandatory.
Operating a company without the right coverage could lead to civil penalties. Stop-work orders may be levied against your business when this happens. Operations will come to a halt until the company is compliant with all state laws. Outstanding fines must be paid up before business can resume as usual.
Criminal charges could be laid if stop-work orders are disobeyed. Be sure the insurance you get doesn’t violate any state laws. Employees won’t be able to take you to court for missing wages or injuries, because legal action can’t be taken by those who accept benefits.
Protect Your Orlando based Company with OCMI Workers' Comp!
Orlando businesses get an immediate quote if they have the information below ready:
Your preferred Coverage Start Date, EIN or SSN, and Business Overview (including details about your business).
Types of Workers’ Comp Insurance
How is Workers' Compensation Calculated?
Orlando enterprises have class codes assigned to their work scope. Florida will decide what percentage your code will get. The gross payroll will be multiplied by the insurance rate to determine the specific percentage. Florida is base-rated, so insurance rates will be initially state-mandated.
OCMI Workers' Comp specializes in Workers’ Compensation programs for all sorts of companies, big and small. We can answer any questions you have. Don’t let your enterprise get sued, penalized, or hit with costly medical expenses. Receive a FREE instant quote today!
Affordable Workers' Comp in Orlando
In Florida, this coverage is mandated. Some exceptions are made, though. Ask a state rep if your organization must get this Workers Comp.
Orlando business owners who skirt this insurance will put the company at risk financially. You could be taken to court for a work injury and/or fined for not adhering to the law.
$16.56 per emp
$18.52 per emp
$28.72 per emp
$19.16 per emp
Child Day Care
$6.04 per emp
$26.32 per emp
$20.04 per emp
$32.04 per emp
$31.32 per emp
Carp. Shop Only
$32.04 per emp
$11.92 per emp
$24.00 per emp
$19.52 per emp
$42.08 per emp
$38.92 per emp
$19.32 per emp
$35.60 per emp
$67.92 per emp
$36.00 per emp
$22.52 per emp
$37.00 per emp
$36.80 per emp
Call for Rates
Workers’ Compensation provides your company and employees the protection they need. Staff who get the benefits cannot sue you to recoup missing wages or for on-the-job injuries.
Why OCMI for Workers’ Comp in Orlando?
Orlando-based enterprises will have access to high-end insurance products, sans the high costs. We’ll make the whole claims process a breeze. OCMI Workers' Comp enjoys helping owners get coverage that is compliant with business and state requirements, and does so in a hassle-free and affordable way. We simplify the process of keeping your business and staff protected at affordable rates.
Some Industries We Service
FAQ's: Workers' Comp Orlando
Below you will find answers to our most commonly asked questions about Workers' Compensation Insurance Coverage in Orlando, Florida.