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 2302
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.58 | — | NCCI FL Filing |
| 2025 | $1.63 | +3.2% (+$0.05) | NCCI FL Filing |
| 2024 | $1.57 | -3.7% ($0.06) | NCCI FL −15.1% overall |
| 2023 | $1.83 | +16.6% (+$0.26) | NCCI FL Filing |
| 2022 | $1.98 | +8.2% (+$0.15) | 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
Silk Yarn or Thread Manufacturing
The silk yarn or thread manufacturing industry typically involves workers involved in the production process, such as spinning, weaving, or textile designers for high-end fashion brands or textile manufacturers. In Florida, businesses in this industry may face moderate to high risk due to the potential for repetitive strain injuries, machinery-related accidents, and exposure to chemicals or other hazardous materials. A pay-as-you-go PEO workers comp solution is a natural fit for this class, as it allows businesses to manage their workers comp costs more effectively and avoid large upfront premium payments.
Quick Premium Estimate
Based on the 2026 filed rate of $1.58 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $790.00 | $65.83 |
| $100,000 | $1,580.00 | $131.67 |
| $200,000 | $3,160.00 | $263.33 |
| $500,000 | $7,900.00 | $658.33 |
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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