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 1218
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.77 | — | NCCI FL Filing |
| 2025 | $1.61 | -9.0% ($0.16) | NCCI FL Filing |
| 2024 | $1.37 | -14.9% ($0.24) | NCCI FL −15.1% overall |
| 2023 | $1.42 | +3.6% (+$0.05) | NCCI FL Filing |
| 2022 | $1.47 | +3.5% (+$0.05) | 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
Phospate Mining & Drivers
Phosphate mining and driver operations in Florida are typically classified under this code, covering workers in industries such as rock, sand, and gravel extraction, as well as transportation personnel for these operations. This class carries a relatively high risk profile in Florida due to hazards like equipment malfunctions, heavy machinery accidents, and environmental exposures. Pay-as-you-go PEO workers comp is a natural fit for this class due to its high and fluctuating risk profile, allowing businesses to pay only for the workers comp coverage they need as they go, rather than committing to a fixed premium.
Quick Premium Estimate
Based on the 2026 filed rate of $1.77 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $885.00 | $73.75 |
| $100,000 | $1,770.00 | $147.50 |
| $200,000 | $3,540.00 | $295.00 |
| $500,000 | $8,850.00 | $737.50 |
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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