3108 Adora Teal Way, Unit 200,
If you have stumbled upon this webpage you’re either needing Workers Compensation Insurance through the FWCJUA (Florida Workers’ Compensation Joint Underwriting Association), aka JUA, or looking for someone to write your Workmans Comp.
The mission of the FWCJUA simply put is to “provide Workers Comp insurance for employers that are unable to buy in the standard (voluntary) market.” Basically speaking, this policy is for employers that:
If you fall into one or more of those four categories you are most likely eligible for coverage with the FWCJUA. There are some circumstances that can make you ineligible, but it is best to consult with an agent to discuss options.
The process can be cumbersome if you don’t have the proper paperwork in order before you start. This is not the type of insurance that you can purchase same day or even same week. The majority of the time the process takes 20 days and that includes the applicant having all the paperwork ready at the start of the process. Policies can not be bound online, so that means the applicant must have original inked signature and payment in full in the hands of the Association in order to bind the policy. FWCJUA does not have in-house financing, but outside financing is available through our agency partners.
Florida, like most states have the minimum requirement of bodily injury by accident $100,000 each accident, bodily injury by disease $500,000 policy limit, and bodily injury by disease $100,000 each employee.
Workmans Comp costs in Florida vary depending on payroll, class code, and if the corporation officer payroll is included or excluded. That being said, there are additional fees and premiums that the FWCJA imposes that drive the minimum premium to $1,403, before adding in rating factors such as payroll and class code.
To expedite the process, you may begin compiling the necessary information to complete a formal quote. We do recommend contacting the office first to see if other options may be available. This list comes straight from the FWCJUA website:
Some of these requirements may not always apply to every business. If you have any questions on what is applicable, please call one of our agents at (850) 389-2001.
One overriding reason to choose Barbee Jackson Insurance: Experience! Don’t make the mistake of going with a rookie who has little or no experience dealing with the FWCJUA. We understand the process and are ready to help you obtain the coverage you need, in a timely matter.