PAY-AS-YOU-GO WORKERS COMP DESIGNED FOR YOUR BUSINESS
OCMI has programs designed with your business in mind. We offer Pay-as-you-go Workers Comp plans for all types of companies; you have space to grow without any long-term commitments.
- Workers Comp
ABOUT OUR PROGRAM
Discover the power of OCMI’s short-term coverage programs. No contracts mean you can obtain the coverage you need without long-term commitments. Our pay-as-you-go approach ensures flexibility and convenience, allowing you to hold coverage for specific durations as required. OCMI will never audit you and require you to have a certain number of employees. Take advantage of our program today!
Flexibility Redefined
- No employees? No worries.
- Short-term coverage that adapts to your needs.
- No deposits, no audits, no hassle paperwork.
Tailored for Every Company
- Start-ups with no track record.
- High-risk industries covered.
- Construction, manufacturing, restaurants, trucking, and more.
Simple Requirements
- 30 seconds to answer crucial questions.
- Choose the perfect program for your business.
- Electronically sign and receive immediate proof of coverage.
What Is Pay-as-You-Go Workers’ Compensation?
Pay-as-you-go workers’ comp helps businesses by basing premium payments on actual payroll. This flexible payment system ensures that you only pay for the coverage you need, without tying up cash in large upfront payments. With this approach, your workers’ comp premium adjusts with your payroll, helping you avoid costly surprises at the end of your policy term.
Why Choose Pay-as-You-Go Over Traditional Workers’ Comp?
Traditional workers’ compensation insurance often requires a large down payment based on estimated payroll, which can strain your cash flow. With pay-as-you-go workers’ comp, you avoid that burden and only pay premiums based on actual payroll, spread out over the year. This helps you maintain healthy cash flow and eliminates the risk of paying too much due to overestimating payroll.
Advantages of Pay-as-You-Go Workers’ Comp
- Lower Upfront Costs: Start your workers’ compensation coverage with a smaller down payment, freeing up your capital for other business needs.
- Accurate Payments: Pay premiums based on actual payroll, ensuring your payments match your current workforce size. If you hire more employees, your premiums adjust accordingly.
- Better Cash Flow: With no large upfront costs, you can keep more money in your business and handle expenses as they arise.
Does Pay-as-You-Go Workers’ Comp Prevent an Audit?
Even with pay-as-you-go workers’ comp, a premium audit may still be required. The audit ensures that your payroll and workers’ classifications were accurate throughout the policy period. It’s a standard process to confirm your final premium amount.
- Types of Industries
WHO NEEDS WORKERS COMP COVERAGE?
Secure Your Heights,
Shield Your Team
Roofers workers comp, the essential safety net for Florida roofing businesses.
Embrace Resilience
High-risk workers comp, promoting safety and protection for companies facing challenges.
Contractor's Fortification
General contractors workers comp, the ultimate security for construction businesses in Florida and beyond.
Brush Strokes of Safety
Painters workers comp, protecting painting companies with comprehensive coverage and peace of mind..
Building with Confidence
Carpenters workers comp, protecting carpentry companies with solid coverage and peace of mind.
Taking the Safe Route
Trucking & drivers workers comp, safeguarding transportation companies with reliable coverage and peace of mind.
Serving Success with Confidence
Restaurant workers comp, protecting culinary businesses with comprehensive coverage and peace of mind.
Secure Your Heights,
Shield Your Team
Roofers workers comp, the essential safety net for Florida roofing businesses.
Embrace Resilience
High-risk workers comp, promoting safety and protection for companies facing challenges.
Contractor's Fortification
General contractors workers comp, the ultimate security for construction businesses in Florida and beyond.
Brush Strokes of Safety
Painters workers comp, protecting painting companies with comprehensive coverage and peace of mind.
Building with Confidence
Carpenters workers comp, safeguarding carpentry companies with solid coverage and peace of mind.
Taking the Safe Route
Trucking & drivers workers comp, safeguarding transportation companies with reliable coverage and peace of mind.
Serving Success with Confidence
Restaurant workers comp, protecting culinary businesses with comprehensive coverage and peace of mind.
ENTER YOUR INDUSTRY BELOW AND SEE IF YOUR RATES ARE PRE-APPROVED FOR COVERAGE
- Steps to start
GETTING STARTED IS EASIER THAN YOU THINK!
- Quote
Use our Comp Calculator to get your rates.
- Sign Up
Our digital sign up gets you instantly approved. Get certificate today.
- Enroll
Protect youremployees by reporting them each week.
- Success
Last step is to autopay, set it, forget it, and you are done.
- Quote
Use our Comp Calculator to get your rate.
- Sign Up
Our digital sign up gets you instantly approved. Get certificate today.
- Enroll
Protect your employees by reporting them each week.
- Success
Last step is to autopay. Set it, forget it, and you are done.
- Reviews
WHAT PEOPLE SAY ABOUT US?
Read testimonials from our clients on how our programs have helped them protect their employees and save money on insurance payouts.
MOBILE APP FOR OUR CLIENTS
QUESTIONS? WE HAVE ANSWERS
Explore our FAQ for extended answers to all of your questions regarding Workers Compensation in the state of Florida.
Short-term workers’ compensation coverage provides temporary insurance protection for a specific duration, offering benefits for work-related injuries or illnesses during that period.
Short-term coverage is valuable for businesses that have temporary or seasonal employees, contractors, or specific projects that require limited insurance coverage.
The duration of short-term coverage can vary based on the specific program and needs of the business. It can range from a few days to a few months, depending on the agreed-upon terms.
Short-term programs offer flexibility by allowing businesses to obtain coverage for specific periods as needed, without the long-term commitment of traditional workers’ compensation insurance. They provide financial protection for employees and businesses during short-duration projects or employment arrangements.
Yes, one of the key features of short-term workers’ compensation programs is the ability to activate and deactivate coverage as required. This flexibility allows businesses to align coverage precisely with their project timelines or employment arrangements.
Absolutely! Short-term coverage is an excellent option for startups or businesses without an extensive operating history. It offers them the necessary protection during temporary staffing arrangements or initial project phases.
- Contact Us
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