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 1748
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $3.17 | — | NCCI FL Filing |
| 2025 | $3.58 | +12.9% (+$0.41) | NCCI FL Filing |
| 2024 | $3.78 | +5.6% (+$0.20) | NCCI FL −15.1% overall |
| 2023 | $4.58 | +21.2% (+$0.80) | NCCI FL Filing |
| 2022 | $5.05 | +10.3% (+$0.47) | 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
Abrasive Wheel MFG & Drivers - Compounding & Molding
Workers in the abrasive wheel manufacturing and compounding industry, including those responsible for operating abrasive wheel machinery and drivers, are typically classified under this code. This industry presents a moderate to high risk profile in Florida, with potential hazards such as eye and skin injuries from abrasive materials. Pay-as-you-go PEO workers comp is a natural fit for this class due to the potential for fluctuating workloads and variable payroll, requiring flexible and cost-effective insurance solutions.
Quick Premium Estimate
Based on the 2026 filed rate of $3.17 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,585.00 | $132.08 |
| $100,000 | $3,170.00 | $264.17 |
| $200,000 | $6,340.00 | $528.33 |
| $500,000 | $15,850.00 | $1,320.83 |
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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