How To Get FLJUA Workers Compensation (FWCJUA)
Workers compensation can be a major headache for many business owners. This includes not only the actual costs of a policy, and how that impacts a bottom line if you’re getting dinged with a high experience modification rate or high EMR, but also, whether or not you’re even able to get covered to begin with. In the state of Florida, there is an alternative in place that we’re able to help with.
This is the FLJUA, or what’s actually formerly known as FWCJUA, the Florida Workers’ Compensation Joint Underwriting Association. This is a government agency that helps provide workers comp policies to businesses who may not be able to obtain it through more typically. It’s essentially a last market resort when you can’t get the coverage you need.
Is FWCJUA your only option though? No, not necessarily. This is where employee leasing providers or PEO companies come into play. Many businesses are actually able to get their workers comp directly from their PEO company. This can provide you with a huge benefit in terms of not only the ease of obtaining your policy, but also in cost savings.
If you’ve been dealing with high EMR work comp pricing, you can get a far lower rate with the help of your PEO’s existing rate. If you’ve been unable to secure coverage at all, once again, you can usually then go through your PEO provider to obtain it. You save a great deal of hassle and stress, not to mention money.
The FLJUA or FWCJUA is a viable solution for many businesses. However, getting your workers comp from a Florida PEO provider may be even better if you know where to go and how to get started. Call us at 407.272.1976 and we’ll guide you through the process and ensure you always find the best possible pricing on workers comp. Say goodbye to high experience modification rates once and for all!