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 2923
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.33 | — | NCCI FL Filing |
| 2025 | $1.45 | +9.0% (+$0.12) | NCCI FL Filing |
| 2024 | $1.35 | -6.9% ($0.10) | NCCI FL −15.1% overall |
| 2023 | $1.57 | +16.3% (+$0.22) | NCCI FL Filing |
| 2022 | $1.75 | +11.5% (+$0.18) | 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
Piano Maker-Frames
Piano makers and frame manufacturers in Florida are generally classified as a moderate to high-risk industry for workers' compensation claims. These businesses often involve manual labor, machinery operation, and potential hazards such as cuts, amputations, and hearing loss, which can increase the likelihood and cost of claims. Pay-as-you-go PEO workers' comp is a natural fit for piano makers and frame manufacturers, as it allows businesses to pay premiums only for the coverage they need as they go, rather than paying upfront for a set period.
Quick Premium Estimate
Based on the 2026 filed rate of $1.33 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $665.00 | $55.42 |
| $100,000 | $1,330.00 | $110.83 |
| $200,000 | $2,660.00 | $221.67 |
| $500,000 | $6,650.00 | $554.17 |
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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