Pay-As-You-Go Workers' Comp in Florida
Traditional workers' comp requires a large upfront deposit based on estimated payroll. Pay-as-you-go eliminates that deposit — your premium is calculated each pay period based on what you actually pay your employees.
Eliminate the 25–30% upfront premium deposit required by traditional policies.
Premiums sync with your actual payroll each cycle — no overpaying in slow months.
Because premiums track actual payroll, year-end audit adjustments are minimal.
Two Ways to Get Pay-As-You-Go in Florida
Your employees are co-employed by a Professional Employer Organization that carries the master WC policy. Premiums are deducted each payroll cycle. Often the best rates for construction trades.
- Best for construction trades
- Often lower rates than standalone
- HR and payroll services included
- No separate WC audit
You remain the direct employer. A select group of admitted Florida carriers integrate with your payroll system to calculate premiums in real time. Simpler structure, no co-employment.
- You remain the direct employer
- Integrates with most payroll systems
- Available for non-construction businesses
- Separate WC policy in your name
Frequently Asked Questions
Pay-as-you-go workers' comp calculates your premium based on actual payroll each pay period instead of an estimated annual payroll paid upfront. You pay only for the payroll you actually run, eliminating large deposits and reducing audit surprises.
Yes. Bright Coast Insurance offers pay-as-you-go workers' comp in Florida through PEO (Professional Employer Organization) arrangements and select standalone admitted carriers. Both options are available for construction and non-construction businesses.
With a PEO, your employees are co-employed by the PEO, which carries the master workers' comp policy. Premiums are calculated each payroll cycle. With a standalone pay-as-you-go carrier, you retain direct employment but the carrier integrates with your payroll system to calculate premiums in real time. PEO arrangements often offer lower rates for higher-risk trades; standalone is simpler for businesses that want to keep their own employer identity.
The primary savings are in cash flow, not necessarily in rate. Traditional policies require a 25–30% deposit upfront. Pay-as-you-go eliminates that deposit and reduces audit exposure. For businesses with variable payrolls (seasonal contractors, staffing companies), pay-as-you-go can also prevent overpaying for months with lower headcount.
Get a Pay-As-You-Go Quote
We'll compare PEO and standalone options and recommend the best fit for your business.