What is Meant by the term Traditional Florida Contractors Insurance Policy?

A traditional Florida contractor insurance policy is one that is written in the name of your business.  By contrast, if you were to utilize an employee leasing company, your business would be placed under a policy that is written in the name of the employee leasing provider.  If you use a traditional payment plan with your Florida contractors insurance policy, the premiums that you pay are billed directly to you in the form of a monthly invoice.  This also represents a distinct difference from an employee leasing policy where the premiums are billed alongside your payroll and payroll taxes.

We Offer Traditional Florida Contractors Insurance Policies With Pay-As-You-Go Billing

In addition to the typical monthly payment options, we also offer pay-as-you-go options for many types of Florida contractors insurance.  The first advantage of a pay-as-you-go policy is that it can often mean little or no up front down payment or deposit for you.  The second advantage is that it allows you to pay exactly what you owe each month instead of an estimated amount for the policy period. 

Is a Traditional Policy Better Than an Employee Leasing Policy?

There is no answer to this question that fits every situation.  The reality is that there are many cases in which a traditional Florida contractors insurance policy is the best fit for both cost and convenience.  There are also numerous scenarios that favor an employee leasing arrangement.  The best answer to the question is that you should compare and contrast both options to find the best solution.  The good news is that we'll do all of the leg work for you and present you with options including both a traditional Florida contractors insurance policy and an employee leasing policy.  Then we'll help you decide which is the best solution for your business.