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 2305
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $0.73 | — | NCCI FL Filing |
| 2025 | $1.97 | +169.9% (+$1.24) | NCCI FL Filing |
| 2024 | $1.90 | -3.6% ($0.07) | NCCI FL −15.1% overall |
| 2023 | $2.38 | +25.3% (+$0.48) | NCCI FL Filing |
| 2022 | $2.59 | +8.8% (+$0.21) | 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
Synthetic Yarn Manufacturing-Rayon
Florida businesses involved in the production of synthetic yarn, particularly those utilizing rayon, fall under this classification. Workers in these facilities face a moderate risk profile, with potential hazards including chemical exposure, equipment malfunctions, and repetitive strain injuries. Pay-as-you-go PEO workers comp is a natural fit for this class, as it allows businesses to optimize cash flow and minimize upfront costs while still providing comprehensive coverage for employees.
Quick Premium Estimate
Based on the 2026 filed rate of $0.73 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $365.00 | $30.42 |
| $100,000 | $730.00 | $60.83 |
| $200,000 | $1,460.00 | $121.67 |
| $500,000 | $3,650.00 | $304.17 |
These are estimates based on the filed rate only and do not include SUTA, admin fees, or other charges. Get a full itemized quote →
Get a Real Quote for Code 2305
See exactly what you should be paying for this code vs. what you could pay with us.
Get Instant Quote Talk to a Specialist