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 2651
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.41 | — | NCCI FL Filing |
| 2025 | $1.51 | +7.1% (+$0.10) | NCCI FL Filing |
| 2024 | $1.65 | +9.3% (+$0.14) | NCCI FL −15.1% overall |
| 2023 | $2.14 | +29.7% (+$0.49) | NCCI FL Filing |
| 2022 | $2.51 | +17.3% (+$0.37) | 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
Shoe Stock Making
Shoe stock making businesses typically involve small to medium-sized operations with a relatively low volume of production, which often translates to lower workers' compensation premiums in Florida. Workers in this industry may be exposed to some physical hazards, such as repetitive strain injuries and minor equipment-related accidents, but the overall risk profile is generally considered moderate. This class is a natural fit for pay-as-you-go PEO workers' compensation services, allowing these businesses to manage their premiums in real-time and avoid the upfront capital expenditures associated with traditional workers' comp coverage.
Quick Premium Estimate
Based on the 2026 filed rate of $1.41 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $705.00 | $58.75 |
| $100,000 | $1,410.00 | $117.50 |
| $200,000 | $2,820.00 | $235.00 |
| $500,000 | $7,050.00 | $587.50 |
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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