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 0401
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $6.41 | — | NCCI FL Filing |
| 2025 | $7.39 | +15.3% (+$0.98) | NCCI FL Filing |
| 2024 | $7.54 | +2.0% (+$0.15) | NCCI FL −15.1% overall |
| 2023 | $8.81 | +16.8% (+$1.27) | NCCI FL Filing |
| 2022 | $9.35 | +6.1% (+$0.54) | 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
Cotton Gin and Operations and Local Manager & Drivers
Cotton gin and operations, along with local managers and drivers, fall under a specific classification code that covers workers in the cotton ginning industry. Businesses operating in this sector often face a moderate to high risk profile in Florida, particularly due to the physical nature of the work and potential for equipment-related hazards. A pay-as-you-go PEO workers comp solution is a natural fit for these businesses as it allows them to optimize cash flow and avoid large upfront premium payments, aligning with their operational needs and reducing financial burdens.
Quick Premium Estimate
Based on the 2026 filed rate of $6.41 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $3,205.00 | $267.08 |
| $100,000 | $6,410.00 | $534.17 |
| $200,000 | $12,820.00 | $1,068.33 |
| $500,000 | $32,050.00 | $2,670.83 |
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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