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 2883
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $3.08 | — | NCCI FL Filing |
| 2025 | $2.95 | -4.2% ($0.13) | NCCI FL Filing |
| 2024 | $2.91 | -1.4% ($0.04) | NCCI FL −15.1% overall |
| 2023 | $3.69 | +26.8% (+$0.78) | NCCI FL Filing |
| 2022 | $4.26 | +15.4% (+$0.57) | 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
Wood Furniture & Cabinet Shop
Workers in wood furniture and cabinet shops, including those involved in woodworking, cabinetry, and furniture assembly, are covered under this class code. The general risk profile for this industry in Florida is moderate, with potential hazards including sawdust, sharp tools, and heavy lifting, making it essential for businesses to invest in worker safety and compensation insurance. Pay-as-you-go PEO workers comp is a natural fit for this class, allowing businesses to manage their insurance costs more efficiently and scale their coverage as they grow.
Quick Premium Estimate
Based on the 2026 filed rate of $3.08 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,540.00 | $128.33 |
| $100,000 | $3,080.00 | $256.67 |
| $200,000 | $6,160.00 | $513.33 |
| $500,000 | $15,400.00 | $1,283.33 |
These are estimates based on the filed rate only and do not include SUTA, admin fees, or other charges. Get a full itemized quote →
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