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FL Comp Code: 2065

Condensed or or Malted Milk Manufacturing

Florida 2026 Filed Rate
$2.05
per $100 payroll
2026 Filed Rate
2.05%
of payroll
Rate as Percentage
FL 2065
NCCI Class Code

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 2065
Year Rate (per $100) Year-over-Year Status
2026 Active $2.05 NCCI FL Filing
2025 $2.30 +12.2% (+$0.25) NCCI FL Filing
2024 $2.33 +1.3% (+$0.03) NCCI FL −15.1% overall
2023 $2.75 +18.0% (+$0.42) NCCI FL Filing
2022 $2.89 +5.1% (+$0.14) 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

Condensed or or Malted Milk Manufacturing

Condensed or malted milk manufacturing facilities in Florida typically fall under this classification, which encompasses workers involved in the production and processing of condensed or malted milk products. Businesses in this class often face a moderate to high risk profile due to the potential for equipment-related injuries and exposure to hazardous materials. Pay-as-you-go PEO workers comp is a natural fit for these operations, as it allows for flexible and cost-effective workers compensation coverage that scales with the business's fluctuating workforce and production needs.

Quick Premium Estimate

Based on the 2026 filed rate of $2.05 per $100 of payroll:

Annual Payroll Est. Annual Premium Est. Monthly
$50,000 $1,025.00 $85.42
$100,000 $2,050.00 $170.83
$200,000 $4,100.00 $341.67
$500,000 $10,250.00 $854.17

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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