Florida 2026 Filed Rate
Florida workers' comp rates are filed with NCCI and approved by the Florida Office of Insurance Regulation. Rates shown are per $100 of gross payroll.
Rate History — Code 0050
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $3.83 | — | NCCI FL Filing |
| 2025 | $3.82 | -0.3% ($0.01) | NCCI FL Filing |
| 2024 | $3.78 | -1.0% ($0.04) | NCCI FL −15.1% overall |
| 2023 | $4.51 | +19.3% (+$0.73) | NCCI FL Filing |
| 2022 | $5.07 | +12.4% (+$0.56) | Historical |
Florida workers' comp rates have generally declined. In 2024, NCCI secured an overall -15.1% rate reduction (approved by FLOIR), one of the largest reductions in Florida history.
Code Description
Farm Machiney-Operation by Contractors
Farm operations by contractors in Florida involve workers who install, maintain, and repair farm machinery, such as tractors, combines, and irrigation systems. This class typically covers independent contractors and their employees who work on a variety of agricultural equipment, often with higher exposure to accidents and injuries due to the complex and heavy machinery involved. Pay-as-you-go PEO workers comp is a natural fit for this class, as it allows businesses to manage their workers comp costs based on actual payroll and reduce the financial burden of unexpected claims and audit expenses.
Quick Premium Estimate
Based on the 2026 filed rate of $3.83 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,915.00 | $159.58 |
| $100,000 | $3,830.00 | $319.17 |
| $200,000 | $7,660.00 | $638.33 |
| $500,000 | $19,150.00 | $1,595.83 |
These are estimates based on the filed rate only and do not include SUTA, admin fees, or other charges. Get a full itemized quote →
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