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 1624
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.19 | — | NCCI FL Filing |
| 2025 | $2.26 | +3.2% (+$0.07) | NCCI FL Filing |
| 2024 | $2.15 | -4.9% ($0.11) | NCCI FL −15.1% overall |
| 2023 | $2.35 | +9.3% (+$0.20) | NCCI FL Filing |
| 2022 | $2.29 | -2.6% ($0.06) | 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
Quarry Operation & Drivers
Quarry operations and drivers in Florida are categorized by a specific classification code. These workers are typically employed in high-risk environments where heavy equipment and machinery are used, resulting in a higher than average workers' compensation claim frequency and cost. A pay-as-you-go PEO workers comp service is particularly suited for this type of business, as it allows for flexible payment plans and reduced upfront costs, helping to manage risks and minimize financial burdens on quarry operations and their drivers.
Quick Premium Estimate
Based on the 2026 filed rate of $2.19 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,095.00 | $91.25 |
| $100,000 | $2,190.00 | $182.50 |
| $200,000 | $4,380.00 | $365.00 |
| $500,000 | $10,950.00 | $912.50 |
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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