Does Fla condo need workmens comp insurance?

The answer is YES!

It is a misconception that if you have no "employees" you don't need workers comp insurance. If you have employees, i.e. a manager, maintenance workers, or anything of that sort you will need to secure a policy due to state regulations.

Even if you do not have anyone working for you, there are several companies that will sell you an "if any" policy for $621.00. The reason for this is should you have a sub-contractor on site (landscape, painting, etc.) and their insurance for some reason is cancelled or not effective, the injured worker could sue the association for his medical expenses and lost work time. The "if any" policy would respond at that point.

Given the current economic climate it is a good idea. Many contractors insurance is expiring due to non-payment and other deficiencies.