Good News! All Florida Payroll Services has formed a partnership with AP-Intego Insurance Group to make available to you pay-as-you-go workers' compensation insurance.
The problem with the traditional or "direct pay" method of purchasing workers' compensation insurance is the initial down payment, which is typically 25% of your estimated annual premium.
Pay-As-You-Go eliminates this down payment!
Also, because the premium is calculated using information such as gross wages paid to each employee, each person's classification code (risk category) & exempt wages, then the determined premium for each specific payroll is very accurate, which means that surprise year-end audits (and demands for more money) are eliminated.
The insurance premium as determined by your current payroll is then automatically debited from your bank account.