Workers' Compensation Insurance for Florist Cost | 2025
Workers' compensation insurance cost for florists in 2025 is about $2.19 per $100 of payroll, equaling around $61 per month per employee. This insurance compensates employees for workplace injuries and protects the florist business from liability.
What is Workers' Comp Premium for Florists based on?
Industry Risk
The National Council on Compensation Insurance (NCCI) evaluates job risks using class codes. These codes measure how likely it is for employees to get injured on the job.
Florists are considered a moderate-risk industry. Typical injuries include cuts from tools, repetitive strain, or slips on wet floors. For more details, check out our guide to Workers Comp Codes for Florist Shops.
Payroll
A florist shop with higher payroll will pay more in workers' comp premiums overall, but the rate per $100 of payroll stays low due to minimal risks.
Claims History
Keeping your shop safe and free of claims ensures lower premiums. A history of claims for cuts or slips may increase your costs.
How are Florist Workers' Comp Premiums calculated?
Here’s the formula to calculate your workers' comp premium:
Payroll divided by 100 x rate = Premium
Step 1: Calculate the Payroll
Determine the total annual payroll for all florist employees.
If annual figures are unavailable, calculate each employee's hourly rate by multiplying it by weekly hours and then multiplying that by the number of weeks worked in a year.
Step 2: Find your Rate
Find the workers' comp rate for your industry and state:
Use the national average rate for florists, which is $2.19 per $100 of payroll.
Your current policy will provide additional rate details.
Let’s work through an example together:
Imagine you own a florist shop. Your business includes two full-time florlist and one full-time receptionist. Your employees need to be protected by a workers’ compensation insurance for florists policy, which you are responsible for providing. Let’s work through the calculations to estimate your premium.
Here’s the formula: Payroll ÷ 100 x Rate = Premium
Step 1: Calculate Payroll
First, determine the annual payroll for each employee type:
Each florist earns $16/hour. Multiply that by 40 hours per week and 52 weeks per year for an annual payroll of $33,280 each. With two florlist, the total payroll is $66,560.
The receptionist earns $19/hour. Multiply that by 40 hours per week and 52 weeks per year for an annual payroll of $39,520.
Step 2: Determine Rates
Florst are categorized under class code 8001, with Maryland’s rate of $2.00.
Receptionists are classified under class code 8810, with Maryland’s rate of $0.10.
Step 3: Apply the Formula
Next, calculate the workers’ comp premium for each classification:
Class code 8001 (flolist): $66,560 ÷ 100 x $2.00 = $1,331
Class code 8810 (receptionist): $39,520 ÷ 100 x $0.10 = $40
Annual premium: $1,331 + $40 = $1,371
Monthly Premium
$114 monthly premium
Remember, this calculation is a starting point. Your actual premium may vary due to factors such as your experience modification rate, specific state rules, and additional costs or fees.
Annual Cost of Workers' Comp for Florists (8001)
To get a sense of what each 8001 full-time employee in a florist’s shop will cost, here is an average premium of the costs for a few states.
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Disclaimer: All data has been derived by combining ZipRecruiter national payroll averages per industry with average rates of a national carrier partner. Figures are for illustrative purposes only and do not include taxes or additional fees.
Does it matter where I buy a Policy from?
It absolutely does. Florists might seem like a low-risk industry, but accidents can happen when delivering arrangements or working with sharp tools.
When choosing a provider, consider:
- Reputation: A reliable provider will handle claims smoothly and efficiently.
- Financial Stability: Opt for a financially sound insurer to ensure coverage reliability.
- Customer Service: Good service ensures you’re supported if a claim arises.
- Industry Knowledge: A provider familiar with florists’ operations will understand your unique needs.
What does Workers' Comp Insurance cover for Florists?
A workers’ comp policy for florists covers:
- Medical Expenses: covers treatment for illness or injury on the job
- Lost Wages: Replaces lost income while recovering from work-related injuries
- Death Benefits: Provides financial support to families in the case of a workplace fatality
- Legal Protection: Shields your floral business from lawsuits related to workplace injuries
How can I make Workers' Comp cheaper?
Florists can implement the following strategies to reduce workers' comp costs:
Create a Safety Program
A solid safety program is essential to address the unique hazards in the floral industry:
- Regularly clean and clear walkways, address spills immediately, install non-slip flooring in high-traffic areas, and ensure proper lighting and visible safety signs to prevent slips, trips, and falls.
- Train employees on safe stepstool use, including proper positioning, inspection procedures, and maintaining points of contact.
- Encourage stretch breaks, use ergonomic tools, train employees on proper lifting techniques, and rotate tasks to minimize repetitive strain injuries and back problems.
- Provide training in proper tool handling, supply personal protective equipment (PPE) like gloves and safety glasses, and maintain tools to prevent cuts and lacerations.
Ask about Discounts
Discuss your safety program and proactive risk management with your insurance company. Some providers offer premium reductions for businesses that demonstrate a strong commitment to safety and maintain a low claims history.
Want a Quick Quote?
Get a customized estimate for your flower shop workers’ comp premium today! Use our easy online tool to see how much you could save.
Note: The information provided in this blog is intended for general informational purposes only and is not a substitute for professional legal or insurance advice. Laws and regulations regarding workers' compensation insurance are complex and vary by state and by specific circumstances. Therefore, readers are encouraged to consult with a qualified legal or insurance professional to obtain advice with respect to any particular issue or problem they might have.
Mordechai Kamenetsky, co-founder and lead agent of Kickstand, is recognized as an expert in workers' compensation. He is passionate about helping small businesses manage risks and lower their workers' comp costs. In his articles, he educates readers and clients on the intricacies of workers' comp insurance.
Kickstand Insurance helped a florist cut their workers’ comp premiums by 25%, saving $4,535 a year. Find out how simply asking for a discount makes all the difference.
