How many employees must a business have to be required to carry Workers' Compensation insurance?

A business is required to carry Workers' Compensation insurance if it has four or more employees, or if it has at least one employee in the construction industry. This law is designed to provide coverage for employees who may suffer work-related injuries or illnesses, ensuring that workers receive benefits for medical expenses and lost wages while also protecting employers from the financial impacts of workplace accidents.

The requirement for four or more employees is based on the idea that larger businesses pose a greater risk for employee injuries, thus necessitating a formal policy for insurance coverage. The special stipulation for the construction industry recognizes the higher risks associated with construction work, meaning that even a single employee in that sector mandates the need for coverage.

This understanding of the Workers' Compensation requirement is crucial for business owners in Florida to ensure compliance with state laws and protect both their employees and their business from potential liabilities associated with workplace injuries.