Who qualifies
Corporate officers who own at least 10% of the corporation. LLC members with at least 10% membership interest. Construction-industry officers have stricter rules and lower coverage thresholds.
Filing and renewal
Exemptions are filed online with the Florida Department of Financial Services. The exemption lasts two years. Filing a renewal before expiration prevents gaps in exemption status.
Have a specific situation?
Call the office and a human answers.
Construction industry differences
Construction is subject to tighter rules: more officers must have coverage, exemption fees apply, and the exemption covers a single corporation or LLC.
Common questions
- What happens if the exemption lapses?
- You're presumed covered until renewal. Premiums may become due for the gap period if your company carries WC insurance.
- Do I need WC insurance if I have the exemption?
- Not for the exempt officers. If the business has any non-exempt employees, those require coverage separately.