Workers' Compensation Jacksonville
Comprehensive, easy, and affordable coverage is available for your employees (and even your business)! Whether you are running an established brand or a start-up, all small businesses that employ people should consider getting Workers' Compensation insurance.
Workers' Comp coverage offers benefits to an employee who suffers an illness or work-related injury. Employees may be able to cover the cost of medical care - perhaps receiving wages for missed work time - through this type of coverage.
Workers' Compensation Insurance: What Is It?
Accidents happen, regardless of the type of company you are running. Thankfully, Workers' Compensation can provide you with benefits that can help you – as well as your staff – remain protected in case somebody gets sick or sustains an injury in the workplace.
Workers' Compensation Safeguards Your Employees and Business by Covering:
- Medical Expenses in order to care for and treat a sick or injured employee.
- Lost Wages to cover sick or injured employees as they take time off of work.
- Vocational Rehabilitation for injured employees who need ongoing care in order to return to work, post-recovery.
- State Law Compliance/Fees - you can bypass penalties and fines imposed by your state for lacking the relevant insurance coverage.
- Reduce Out-of-Pocket Business Expenses - OCMI’s affordable Pay-As-You-Go plans keep you safeguarded from expensive workplace illnesses or injuries.
- Lawsuit Protection - in case a member of your staff sues you. The business will be protected, as Workers' Compensation insurance comes with employer liability coverage.
- Death benefits to cover potential funeral expenses if an employee were to die because of a workplace-related incident.
Workers' Compensation Coverage: Who Needs It?
You must have Workers' Compensation insurance if there are employees on your payroll in Jacksonville, FL. As per Florida state law, organizations in Jacksonville that are part of the construction sector must have this type of coverage right after an employee gets hired. Non-construction companies must have Workers' Compensation after a quartet of employees have been hired.
In some cases, you might be exempt from requiring Workers' Compensation. Jacksonville business owners should check with their state in order to determine if mandatory coverage is enforced.
Running a business without the proper insurance coverage will place you at a very high risk of receiving a civil penalty. If this happens, your company may be subjected to stop-work orders. You will be forced to cease operation of the company until all penalties have been paid, and all processes are in full compliance with state laws.
If stop-work orders are not adhered to, criminal charges may ensue. Assuming that coverage is in full compliance with state laws, though, you’ll be able to bypass paying penalties. Employees that are getting benefits won’t be able to sue your company (or you) for lost wages or injuries.
Keep Your Business Protected with Workers' Compensation!
Jacksonville business owners should have the following information ready to get a quote:
EIN or SSN, Business Overview (including details about your business), and your preferred Coverage Start Date.
Types of Workers’ Comp Insurance
Workers' Compensation: How Is It Calculated?
Because the state is "base-rated", insurance rates will be mandated. Each occupation has some sort of class code that is associated with the scope of work they perform. The state will determine what percentage will be assigned to this code. Coverage is calculated when your company’s gross payroll is multiplied by the Workers' Compensation rate.
OCMI provide simplified and affordable programs for Workers' Compensation. Jacksonville–based businesses of all types can be accommodated by our company, regardless of the amount of employees that you have. If you have any questions, we will be happy to answer them for you. Prevent your company from being vulnerable to costly medical expenses, potential lawsuits, or state penalties. Contact us now to get a FREE instant quote!
Get Affordable Workers' Comp in Jacksonville
In Jacksonville, Florida, Workers' Compensation insurance happens to be legally required. There are some exemptions involved, so it would do you well to consult your state in order to determine if coverage will be mandatory for the company you run.
Neglecting Workers' Compensation insurance will negatively impact your Jacksonville company financially. You may be subjected to a lawsuit if an injury were to happen at the workplace. You might even be penalized for not following 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 insurance keeps your business protected, as well as your employees. As such, if the insurance you have is in full compliance with all state laws, then an employee that receives benefits cannot sue you if they sustain an injury or are missing wages.
Why OCMI for Workers’ Comp Jacksonville?
Jacksonville-based businesses will receive affordable rates for coverage. We simplify the claims procedures and make them stress-free by way of unparalleled customer service. We are committed to helping people select the most suitable type of coverage. We can provide you with a plan that accommodates all requirements and adheres to state laws in a hassle-free way. We can make it much more affordable (and easier) to receive protection without extra costs.
Some Industries We Service
FAQ's: Workers' Compensation Jacksonville
Below you will find answers to our most commonly asked questions about Workers' Compensation Insurance Coverage in Jacksonville, FL.