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 2220
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.48 | — | NCCI FL Filing |
| 2025 | $2.60 | +4.8% (+$0.12) | NCCI FL Filing |
| 2024 | $2.41 | -7.3% ($0.19) | NCCI FL −15.1% overall |
| 2023 | $2.41 | 0.0% ($0.00) | NCCI FL Filing |
| 2022 | $2.28 | -5.4% ($0.13) | 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
Cotton Yarn or Thread Manufacturing
Workers in the cotton yarn or thread manufacturing industry, such as textile mill workers and factory staff, are typically classified under this code. The general risk profile in Florida for this sector is moderate, with hazards including machinery entanglement, chemical exposure, and workplace injuries from repetitive motion and manual labor. A pay-as-you-go PEO workers compensation model is a natural fit for these businesses, as it allows for real-time premium payment adjustments and reduced upfront costs, helping to mitigate the financial burden of workers comp expenses.
Quick Premium Estimate
Based on the 2026 filed rate of $2.48 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,240.00 | $103.33 |
| $100,000 | $2,480.00 | $206.67 |
| $200,000 | $4,960.00 | $413.33 |
| $500,000 | $12,400.00 | $1,033.33 |
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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