Eliminate the year-end audit bill that blindsides contractors every December. PEO workers comp bills on your actual payroll every pay period — no estimates, no reconciliation, no surprises.
Every traditional workers comp policy ends with an audit. Your insurer estimated your payroll at the start of the year. At the end, they check your actual records. If your business grew — you hired more workers, took more jobs, had a good year — you owe the difference. That bill can be $5,000, $20,000, or more, and it arrives without warning.
The fix is PEO workers comp. Under a PEO (Professional Employer Organization) arrangement, your premium is calculated on your actual payroll every pay period. You report what you paid, you pay premium on that exact amount. There is nothing to reconcile at year-end because the billing has been accurate all along.
Comp Ninjas offers PEO-based no-audit workers comp for Florida employers in construction, roofing, towing, trucking, agriculture, home health, staffing, and all other hard-to-place industries. Setup fee: $875. Certificate of insurance: same day.
This is the single most important difference between traditional workers comp and PEO workers comp for small contractors.
Estimate your annual payroll. Pay 25–50% upfront as deposit.
Pay monthly installments based on the estimate.
Insurer audits your actual payroll records.
Receive audit bill for the difference — often $5,000–$30,000+.
If you can't pay, policy cancels. Business stops.
Pay $875 setup fee. Coverage starts immediately.
Report actual payroll. Pay premium on exact wages paid.
Premium scales with your real workforce — up or down.
Nothing. No audit. No reconciliation. No bill.
Predictable cost. No surprises. No cash flow crisis.
A roofing contractor in Tampa estimated $180,000 in annual payroll when buying his workers comp policy in January. He paid a $6,750 deposit (25% of his estimated $27,000 annual premium at $15/$100).
Business was good. By December he had processed $300,000 in payroll — $120,000 more than estimated. In January, the audit bill arrived: $18,000. He had 30 days to pay.
He couldn't pay it. His policy was cancelled. He lost his license to operate in Florida for 6 months while he resolved the debt.
With PEO workers comp at Comp Ninjas, he would have paid $875 to set up. Each week, he would report his actual payroll and pay premium on those exact wages.
When business was slow in February ($8,000 payroll), his premium was low. When business was booming in August ($35,000 payroll), his premium was higher — but he had the cash because business was good.
Total annual premium: approximately the same. But spread evenly across the year, matching his actual cash flow. No audit. No surprise bill. No crisis.
All Florida NCCI class codes are available. These are the most common hard-to-place industries we serve.
Roofing
Code 5551
~$29.87 per $100 payroll
Framing / Carpentry
Code 5645
~$14.23 per $100 payroll
General Construction
Code 5403
~$11.45 per $100 payroll
Concrete Work
Code 5506
~$9.87 per $100 payroll
Towing & Recovery
Code 7219
~$8.34 per $100 payroll
Trucking
Code 7228
~$7.12 per $100 payroll
Agricultural Labor
Code 0106
~$8.91 per $100 payroll
Home Health Aides
Code 8835
~$3.45 per $100 payroll
Staffing Agencies
Code 8810+
~Varies per $100 payroll
Painting
Code 5474
~$12.67 per $100 payroll
HVAC
Code 5537
~$6.23 per $100 payroll
Landscaping
Code 0042
~$7.89 per $100 payroll
Rates are approximate Florida NCCI base rates. Actual rates depend on your specific classification and payroll. Get your exact rate →
Everything contractors ask about no-audit workers comp in Florida.
$875 setup fee. Same-day certificate. No annual audit. Coverage for roofing, construction, towing, trucking, agriculture, home health, and staffing.
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