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 2683
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.55 | — | NCCI FL Filing |
| 2025 | $1.68 | +8.4% (+$0.13) | NCCI FL Filing |
| 2024 | $1.72 | +2.4% (+$0.04) | NCCI FL −15.1% overall |
| 2023 | $2.05 | +19.2% (+$0.33) | NCCI FL Filing |
| 2022 | $2.25 | +9.8% (+$0.20) | 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
Luggage Making- Travel or Handbags
Luggage and handbag manufacturers or repair services in Florida are typically classified under this code, which encompasses workers involved in designing, cutting, sewing, and assembling travel bags and handbags. This industry typically has a moderate to high risk profile in the state due to the potential for cuts, needle injuries, and ergonomic strain from repetitive tasks. As a pay-as-you-go PEO option, GarrettRichard provides a flexible and cost-effective solution for these businesses to manage workers' compensation premiums, helping them budget and manage labor costs more efficiently.
Quick Premium Estimate
Based on the 2026 filed rate of $1.55 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $775.00 | $64.58 |
| $100,000 | $1,550.00 | $129.17 |
| $200,000 | $3,100.00 | $258.33 |
| $500,000 | $7,750.00 | $645.83 |
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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