Some carriers have suggested that some businesses are skipping their work comp payments to cut business costs. Here are a few reasons that it is not wise to do this:
- Lawsuit or claim - if employee becomes injured and you don’t have the proper workers compensation policy in place, you may face a lawsuit and unpaid claims. You would have to cover the costs of the injury and legal fees.
- Loss of employees - some employees may chose not to work for you if they know you don’t offer workers comp insurance in Florida.
- Fines - fines can be very costly and expensive if you don’t provide workers compensation insurance in Florida.
- Loss of business – you may have your business shut down if you don’t comply with all the state workers compensation rules.
To get a free Florida workers compensation quote, contact us and we’ll find you an affordable policy with the right coverage.