How to file workers compensation exemptions in Florida.
Workers compensation is a form of insurance that protects your employees should they get injured on the job. Not only does this insurance provide wage replacement and medical benefits for the employee, but also protects the employer from related lawsuits. However, some employers can decide to opt of workers compensation. Therefore, we would like to provide you why someone would file for a workers compensation exemption and how to file workers compensation exemptions in Florida. Workers compensation exemption allows business owners to exclude themselves from workers compensation benefits. We suggest speaking with your local insurance agent prior to making this decision. Once you have decided to file a workers compensation exemption, you can adhere to the following steps. How do I file a workers compensation exemption in Florida
- Visit Notice of Election To Be Exempt page on the MyFloridaCFO website. This application is available electronically. On this page you can submit, modify and renew your Notice of Election to be Exempt. If you are filing a construction industry exemption, a $50 processing fee is required. Visa, Mastercard, and a business or personal checking or savings bank account are accepted.
- Agree to the terms and conditions when applying for or renewing your workers’ compensation exemption application.
- Provide your email within section one of the application, and you will receive a notification of the status of the report within 30 days.
- If your application is approved, it is highly recommended that you print the certificate sent by The Division of Worker’s Compensation.
It is also important to note that workers compensation exemptions must be renewed every year. If you have additional questions, you can visit the Florida Division of Workers Compensation frequently asked question page by clicking here. The Pettineo Insurance agency can provide assistance regarding workers compensation and workers compensation exemption. We are available by email at [email protected] and by phone at 954.493.9424. Pettineo Insurance Agency Inc. prides itself on the 30-year history we have with our clients. We provide auto, home, life, health, & business insurance in Fort Lauderdale, Lauderdale-By-The-Sea, Pompano Beach, Oakland Park, Lighthouse Point, Deerfield Beach, Coral Springs & all of South Florida. We want to give them the best protection they need, with the best carrier suitable for them.
