NEXT is the top provider in Florida for workers' comp insurance with outstanding customer service and comprehensive coverage options. Florida's business owners can also count on Simply Business and The Hartford.
Workers' Comp Insurance in Florida
NEXT tops our analysis as Florida's top workers' compensation insurance provider, with a score of 4.58 out of 5.
Compare top Florida workers' comp insurance providers and find your ideal coverage.
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Updated: September 10, 2025
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Key Takeaways
NEXT, Simply Business and The Hartford lead Florida's workers' compensation insurance market with the highest overall ratings.
Your business type, number of employees, past claims and available budget will determine which Florida workers' comp provider fits your needs best.
To find the right workers' comp coverage in Florida, request multiple quotes and compare each provider's industry expertise, reputation and coverage options.
Best Workers' Comp Insurance Companies in Florida
| NEXT | 4.58 | 1 |
| The Hartford | 4.50 | 2 |
| Simply Business | 4.50 | 2 |
| Coverdash | 4.43 | 3 |
| biBERK | 4.41 | 4 |
| Nationwide | 4.41 | 4 |
| Progressive Commercial | 4.37 | 5 |
| Hiscox | 4.35 | 6 |
| Thimble | 4.35 | 6 |
| Chubb | 4.25 | 7 |
How Did We Determine These Rates and Rankings?
These rates are estimates based on MoneyGeek's analysis of small businesses with two employees across 79 major industries. Actual rates vary based on your business location, industry risk factors, claims history, coverage limits and individual insurer underwriting criteria. Contact insurers directly for personalized quotes.
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LEARN MORE ABOUT BUSINESS INSURANCE IN FLORIDA
Explore these resources about other types of coverage to find complete protection:
Best Florida Workers’ Comp Insurance Reviews
NEXT and Simply Business are top workers' compensation insurance providers in Florida, offering coverage for business owners.
NEXT
Overall Best Provider
MoneyGeek Rating
4.6/ 5
4.3/5Affordability
4.7/5Customer Experience
4.8/5Coverage Options
Average monthly premium
$74Based on average costs across Florida businessesOur survey: Claims process
3.9/5Rating from verified customer surveysOur survey: Recommend to others
4.8/5Percentage of customers who would recommend NEXT
The Hartford
Runner-up Best Provider
MoneyGeek Rating
4.5/ 5
4.3/5Affordability
4.6/5Customer Experience
4.7/5Coverage Options
Average monthly premium
$75Typical monthly cost for The Hartford workers' compensation coverageOur survey: Claims process
4.5/5Rating based on customer satisfaction with claims handlingOur survey: Recommend to others
4.5/5Likelihood of customers recommending The Hartford to others
Cheapest Workers' Comp Insurance Companies in Florida
NEXT offers Florida's cheapest workers' comp at $74 per month ($891 annually). The Hartford and Thimble offer alternatives at $75 and $76 monthly, respectively. The table below shows costs from all companies we analyzed:
| NEXT | $74 | $891 |
| The Hartford | $75 | $899 |
| Thimble | $76 | $914 |
| Progressive Commercial | $77 | $919 |
| Simply Business | $77 | $927 |
| Hiscox | $77 | $930 |
| Coverdash | $79 | $943 |
| biBERK | $81 | $970 |
| Nationwide | $88 | $1,054 |
| Chubb | $92 | $1,100 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on workers’ comp policies. Your actual premium depends on where your business is located, what industry you're in, how many employees you have, and other factors insurers consider.
Average Cost of Workers’ Comp Insurance in Florida
Workers' compensation insurance in Florida costs businesses an average of $80 per month or $955 annually. Florida's rates run $6 above the national monthly average of $74. Your business's actual premium depends on several factors, including your industry's risk level, number of employees, annual payroll and claims history.
Average Cost of Workers' Comp in Florida by Industry
In Florida, workers' compensation insurance costs vary by industry risk level. Speech therapists cost $6 per month, while roofing businesses cost $906 per month.
| Accountants | $22 | $267 |
| Ad Agency | $17 | $207 |
| Auto Repair | $165 | $1,983 |
| Automotive | $127 | $1,518 |
| Bakery | $58 | $696 |
| Barber | $15 | $182 |
| Beauty Salon | $16 | $190 |
| Bounce House | $43 | $519 |
| Candle | $43 | $517 |
| Cannabis | $91 | $1,087 |
| Catering | $80 | $957 |
| Cleaning | $52 | $627 |
| Coffee Shop | $51 | $612 |
| Computer Programming | $30 | $364 |
| Computer Repair | $26 | $312 |
| Construction | $197 | $2,366 |
| Consulting | $33 | $394 |
| Contractor | $177 | $2,129 |
| Courier | $245 | $2,935 |
| DJ | $15 | $183 |
| Daycare | $15 | $174 |
| Dental | $12 | $147 |
| Dog Grooming | $70 | $838 |
| Drone | $29 | $348 |
| Ecommerce | $23 | $281 |
| Electrical | $62 | $744 |
| Engineering | $42 | $498 |
| Excavation | $116 | $1,388 |
| Florist | $66 | $794 |
| Food | $45 | $541 |
| Food Truck | $49 | $592 |
| Funeral Home | $29 | $347 |
| Gardening | $51 | $606 |
| HVAC | $68 | $814 |
| Handyman | $101 | $1,214 |
| Home-based | $11 | $129 |
| Hospitality | $75 | $904 |
| Janitorial | $53 | $632 |
| Jewelry | $32 | $387 |
| Junk Removal | $151 | $1,809 |
| Lawn/Landscaping | $41 | $487 |
| Lawyers | $57 | $690 |
| Manufacturing | $64 | $763 |
| Marine | $163 | $1,958 |
| Massage | $16 | $189 |
| Mortgage Broker | $15 | $180 |
| Moving | $282 | $3,388 |
| Nonprofit | $34 | $412 |
| Painting | $152 | $1,822 |
| Party Rental | $40 | $475 |
| Personal Training | $27 | $323 |
| Pest Control | $76 | $911 |
| Pet | $33 | $399 |
| Pharmacy | $7 | $83 |
| Photography | $18 | $220 |
| Physical Therapy | $7 | $88 |
| Plumbing | $69 | $834 |
| Pressure Washing | $91 | $1,091 |
| Real Estate | $32 | $384 |
| Restaurant | $68 | $813 |
| Retail | $38 | $456 |
| Roofing | $906 | $10,875 |
| Security | $57 | $678 |
| Snack Bars | $47 | $561 |
| Software | $29 | $343 |
| Spa/Wellness | $19 | $225 |
| Speech Therapist | $6 | $77 |
| Startup | $14 | $169 |
| Tech/IT | $29 | $352 |
| Transportation | $249 | $2,987 |
| Travel | $8 | $92 |
| Tree Service | $238 | $2,861 |
| Trucking | $291 | $3,490 |
| Tutoring | $11 | $130 |
| Veterinary | $21 | $254 |
| Wedding Planning | $31 | $371 |
| Welding | $126 | $1,517 |
| Wholesale | $43 | $514 |
| Window Cleaning | $226 | $2,717 |
How Much Workers' Comp Insurance Do I Need in Florida?
In Florida, workers' compensation insurance requirements vary by industry. Construction companies must have coverage with just one employee. Non-construction businesses need it with four or more workers.
Business owners who don't carry required coverage can be fined $5,000 per violation. Repeated violations can result in criminal charges.
Sole proprietors
Business owners who work independently can choose to exclude themselves from workers' comp coverage. This applies when there are no other employees
Real estate agents
Licensed real estate professionals working on commission basis typically qualify as independent contractors and are exempt from mandatory coverage
Corporate officers
Executive officers owning at least 25% of company stock can opt out by filing an exclusion form with proper documentation
Domestic workers
Household employees working fewer than 20 hours per week or earning less than $500 per quarter may be exempt from coverage requirements
Agricultural workers
Small farms with fewer than five regular employees or seasonal workers may qualify for exemption from mandatory coverage
Religious organizations
Members of religious organizations who have taken vows of poverty while working for their church can be exempt from coverage
Professional athletes
Athletes in certain professional sports leagues often operate under separate injury coverage agreements outside standard workers' comp
Remote workers abroad
Employees permanently stationed in foreign countries usually fall under different coverage requirements and may be exempt from state workers' comp
How to Get the Best Workers' Comp Insurance in Florida
Affordable coverage options can be found while keeping business insurance costs under control. Start by comparing insurance rates from multiple providers, examining their coverage options and claims handling process.
- 1
Check coverage requirements
Florida law requires most businesses with four or more employees to carry workers' comp insurance.
- 2
Collect business details
Prepare accurate payroll records and employee job classifications before getting quotes.
- 3
Get multiple insurance quotes
Contact at least three insurance providers for quotes since rates vary.
- 4
Find industry-specific experience
Find insurers who understand your business's risks and compliance requirements.
- 5
Compare provider services
Review each insurer's claim processing speed, complaint history and additional benefits.
- 6
Review policy details
Look at coverage limits and payment options carefully. Consider pay-as-you-go.
- 7
Schedule annual reviews
Review your coverage yearly because business changes affect your premium costs.
Florida Workers’ Comp: Bottom Line
Our analysis shows NEXT, Simply Business and The Hartford are the best workers' comp insurers in Florida. Consider your specific industry requirements and company size when comparing quotes.
Florida Workers' Comp Insurance: FAQ
Here are straightforward answers to the most common questions about coverage and costs in Florida.
Is workers' comp insurance required for all Florida businesses?
Florida law requires businesses with four or more employees to carry workers' compensation insurance. Construction companies must have coverage for all employees.
How much does workers' comp insurance cost in Florida?
NEXT offers Florida workers' compensation insurance starting at $74 per month ($891 annually).
What does workers' comp insurance cover in Florida?
Florida workers' comp insurance covers medical expenses and lost wages for work-related injuries or illnesses. Benefits include necessary medical treatment, rehabilitation costs and partial income replacement during recovery.
Which workers' comp insurance company is best in Florida?
NEXT is the best of Florida's workers' comp providers with a 4.58 overall score. It excels in customer service (4.7) and coverage options (4.8). Simply Business follows at 4.5, offering the most comprehensive coverage choices (4.9). The Hartford (4.5) offers reliable customer support.
What happens if I don't have workers' comp insurance in Florida?
Operating without required workers' compensation insurance in Florida is illegal. Employers face fines up to $5,000 per violation, stop-work orders and potential criminal charges. The Florida Division of Workers' Compensation enforces compliance and can shut down businesses. Companies must also pay employee medical bills and lost wages out of pocket.
Do sole proprietors need workers' comp insurance in Florida?
Sole proprietors in Florida don't have to meet workers' compensation requirements unless they work in construction or other high-risk industries.
How do I choose the right workers' comp insurance company in Florida?
Ask for quotes from at least three workers' comp insurance providers. Look for carriers with expertise in your specific industry. Review each company's claims handling process, customer satisfaction ratings and complaint records.
How We Scored the Best Workers' Comp Insurance Companies in Florida
- Affordability (50%): Cost drives every small business insurance decision in Florida's expensive market. We compared monthly premiums across all companies, since even comprehensive policies won't help if you can't afford them.
- Customer experience (30%): When your employee gets hurt, you'll need an insurer that handles claims quickly and treats injured workers fairly. We used J.D. Power ratings, Florida Department of Insurance complaint data and independent reviews.
- Coverage options (15%): We evaluated each company's policy flexibility, add-on options and coverage limitations for specific Florida industries and regulatory requirements.
- Financial strength (5%): Premium savings don't matter if your insurer struggles financially. We checked AM Best ratings to ensure recommended carriers can deliver on their promises.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.