“What is workers’ compensation?”
Workers' compensation is a major expense for most Florida businesses, and it is important for employers to understand their duties and responsibilities under Florida law. When workers' compensation insurance is purchased as required by Florida law, business owners are protected from being sued (unless special circumstances exist) if one of their employees gets hurt or ill at the workplace. Under workers' compensation, when an employee gets hurt on the job, the insurance company will pay all medical bills and partial wage replacement for the employee
"Who needs to obtain workers’ compensation coverage?”
All businesses (except construction) with 4 or more employees, full-time or part-time. [Corporate officers count as employees unless the officer has been issued an exemption.]
All construction industry businesses, unless the business owners have exemptions and there are no employees. The owner is included unless he/she specifically files for an exemption.