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 2916
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.97 | — | NCCI FL Filing |
| 2025 | $3.00 | +1.0% (+$0.03) | NCCI FL Filing |
| 2024 | $3.01 | +0.3% (+$0.01) | NCCI FL −15.1% overall |
| 2023 | $3.50 | +16.3% (+$0.49) | NCCI FL Filing |
| 2022 | $3.99 | +14.0% (+$0.49) | 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
Veneer Product Mfg - Does Not Include MFG of Veneer itself
Veneer product manufacturing businesses that do not produce veneer itself are typically classified under this code, covering workers involved in various stages of production such as finishing, packaging, and quality control. The general risk profile in this class tends to be moderate, with potential hazards including machinery-related accidents and material handling injuries. Pay-as-you-go PEO workers' compensation is a natural fit for these businesses due to the fluctuating workforce needs and varying production levels, allowing for more accurate and cost-effective coverage.
Quick Premium Estimate
Based on the 2026 filed rate of $2.97 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,485.00 | $123.75 |
| $100,000 | $2,970.00 | $247.50 |
| $200,000 | $5,940.00 | $495.00 |
| $500,000 | $14,850.00 | $1,237.50 |
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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