Free Florida Contractor Insurance Audit Prep Checklist
Download Audit Monkey's free Florida Contractor Insurance Audit Prep Checklist. This checklist covers everything you need to prepare before your workers' comp or GL audit — so you don't get caught with missing documentation on audit day.
What the Checklist Covers
Payroll Records by NCCI Class Code — Required for Every Florida Audit
Subcontractor COI File — The Most Important Document at Audit Time
- Payroll records by employee and class code
- Subcontractor COI file requirements
- Owner/officer exclusion documentation
- Overtime premium exclusion records
- W-9 and 1099 documentation for all subs
- Workers' comp exemption certificates
- Job cost records and project documentation
Why Preparation Matters
Prepared Florida Contractors Consistently Pay Lower Audit Bills
Start Collecting COIs 60 Days Before Policy Expiration
Year-Round COI Tracking Eliminates Last-Minute Audit Scrambles
Florida contractors who prepare properly for insurance audits consistently pay less than those who don't. The audit worksheet is based on whatever documentation you provide — if you can't prove a sub had their own coverage, you pay premium on their payroll. Download the checklist and start preparing today. Call (239) 323-0785 for a free audit consultation.
Frequently Asked Questions
What documents do I need for a Florida workers' comp audit?
You need: payroll records by employee and class code, certificates of insurance from all subcontractors, owner/officer exclusion certificates, W-9s and 1099s for all subs, workers' comp exemption certificates, and job cost records. Download Audit Monkey's free audit prep checklist for the complete list.
How far in advance should I prepare for a workers' comp audit?
Start preparing at least 60 days before your policy expiration date. Collecting COIs from subcontractors takes time — especially if subs have let their coverage lapse. Audit Monkey recommends maintaining a COI file throughout the year so you're always audit-ready.
What happens if I'm missing subcontractor COIs at audit time?
If you can't produce a current COI for a subcontractor, the carrier will add their payroll to your audit at your class code rate. For roofing contractors, this can mean $15,000–$25,000 per $100,000 of sub payroll. Audit Monkey helps you collect missing COIs and dispute charges for subs who had coverage but didn't provide documentation.