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 1164
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.43 | — | NCCI FL Filing |
| 2025 | $2.40 | -1.2% ($0.03) | NCCI FL Filing |
| 2024 | $2.27 | -5.4% ($0.13) | NCCI FL −15.1% overall |
| 2023 | $2.54 | +11.9% (+$0.27) | NCCI FL Filing |
| 2022 | $2.93 | +15.4% (+$0.39) | 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
Underground Stone Clay or Ore Extraction- Not Coal
Underground stone, clay, or ore extraction businesses, such as granite quarries and limestone mines, fall under this class code, requiring specialized insurance coverage. Florida's risk profile for this class is generally high due to the hazardous nature of the work, with a higher likelihood of accidents, injuries, and fatalities. Pay-as-you-go PEO workers comp is a natural fit for these businesses as it allows for flexible premium payments based on actual payroll expenses, providing cost savings and better cash flow management.
Quick Premium Estimate
Based on the 2026 filed rate of $2.43 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,215.00 | $101.25 |
| $100,000 | $2,430.00 | $202.50 |
| $200,000 | $4,860.00 | $405.00 |
| $500,000 | $12,150.00 | $1,012.50 |
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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