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 3111
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.59 | — | NCCI FL Filing |
| 2025 | $1.56 | -1.9% ($0.03) | NCCI FL Filing |
| 2024 | $1.46 | -6.4% ($0.10) | NCCI FL −15.1% overall |
| 2023 | $1.64 | +12.3% (+$0.18) | NCCI FL Filing |
| 2022 | $1.82 | +11.0% (+$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
Blacksmith-Commercial
Commercial blacksmiths in Florida fall under this classification, which includes businesses that manufacture metal products, repair machinery, and provide custom metal fabrication services. These workers typically face moderate to high risk of injuries from heavy machinery, hot metals, and sharp objects, making pay-as-you-go PEO workers comp a natural fit for this class. By opting for pay-as-you-go coverage, commercial blacksmiths can better manage their workers comp costs, which can help mitigate the financial impact of workplace injuries.
Quick Premium Estimate
Based on the 2026 filed rate of $1.59 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $795.00 | $66.25 |
| $100,000 | $1,590.00 | $132.50 |
| $200,000 | $3,180.00 | $265.00 |
| $500,000 | $7,950.00 | $662.50 |
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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