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 2416
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.78 | — | NCCI FL Filing |
| 2025 | $1.96 | +10.1% (+$0.18) | NCCI FL Filing |
| 2024 | $2.04 | +4.1% (+$0.08) | NCCI FL −15.1% overall |
| 2023 | $2.33 | +14.2% (+$0.29) | NCCI FL Filing |
| 2022 | $2.22 | -4.7% ($0.11) | 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
Yarn Finishing or Dyeing
Workers in the yarn finishing or dyeing industry are classified under this code, including those involved in textile manufacturing, spinning, and finishing operations. Florida's risk profile for this class is generally considered moderate to high due to potential hazards such as chemical exposure, machinery accidents, and slip/trip hazards. A pay-as-you-go PEO workers compensation program is a natural fit for this class, allowing businesses to manage their costs and cash flow more effectively by paying premiums as they earn them, rather than an annual lump sum.
Quick Premium Estimate
Based on the 2026 filed rate of $1.78 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $890.00 | $74.17 |
| $100,000 | $1,780.00 | $148.33 |
| $200,000 | $3,560.00 | $296.67 |
| $500,000 | $8,900.00 | $741.67 |
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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