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 2402
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.76 | — | NCCI FL Filing |
| 2025 | $1.82 | +3.4% (+$0.06) | NCCI FL Filing |
| 2024 | $1.96 | +7.7% (+$0.14) | NCCI FL −15.1% overall |
| 2023 | $2.33 | +18.9% (+$0.37) | NCCI FL Filing |
| 2022 | $2.49 | +6.9% (+$0.16) | 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
Rug or Carpet Making
Rug or Carpet Making businesses, which often involve skilled laborers working with heavy materials and equipment, fall under this classification. Florida's workers' compensation risk profile for this class is generally moderate to high due to the physical demands and potential hazards associated with the trade. A pay-as-you-go PEO workers comp solution from GarrettRichard is a natural fit for these businesses, allowing them to manage their workers' compensation costs more efficiently and stay on top of cash flow.
Quick Premium Estimate
Based on the 2026 filed rate of $1.76 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $880.00 | $73.33 |
| $100,000 | $1,760.00 | $146.67 |
| $200,000 | $3,520.00 | $293.33 |
| $500,000 | $8,800.00 | $733.33 |
These are estimates based on the filed rate only and do not include SUTA, admin fees, or other charges. Get a full itemized quote →
Get a Real Quote for Code 2402
See exactly what you should be paying for this code vs. what you could pay with us.
Get Instant Quote Talk to a Specialist