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 1924
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.87 | — | NCCI FL Filing |
| 2025 | $1.96 | +4.8% (+$0.09) | NCCI FL Filing |
| 2024 | $1.82 | -7.1% ($0.14) | NCCI FL −15.1% overall |
| 2023 | $2.12 | +16.5% (+$0.30) | NCCI FL Filing |
| 2022 | $2.22 | +4.7% (+$0.10) | 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
Cable Manufacturing- Wire - not iron or steel
Businesses and workers within the cable manufacturing industry, specifically those focused on wire production rather than iron or steel, are typically classified under this code. As a high-risk industry with potential hazards including electrical shock, cuts, and equipment malfunctions, the Florida risk profile for these businesses is generally high. Given the fluctuating workforce and variable production demands that often accompany wire manufacturing operations, a pay-as-you-go PEO workers compensation plan from a provider like Garrett Richard can help manage costs and reduce financial burdens.
Quick Premium Estimate
Based on the 2026 filed rate of $1.87 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $935.00 | $77.92 |
| $100,000 | $1,870.00 | $155.83 |
| $200,000 | $3,740.00 | $311.67 |
| $500,000 | $9,350.00 | $779.17 |
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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