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 3122
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.23 | — | NCCI FL Filing |
| 2025 | $1.29 | +4.9% (+$0.06) | NCCI FL Filing |
| 2024 | $1.27 | -1.6% ($0.02) | NCCI FL −15.1% overall |
| 2023 | $1.56 | +22.8% (+$0.29) | NCCI FL Filing |
| 2022 | $1.80 | +15.4% (+$0.24) | 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
Cutlery-Carving Knife Maker- Butcher & Pocket Knifes
Manufacturers of cutlery, carving knives, and pocket knives fall under this classification, with a high risk profile stemming from sharp objects and machinery hazards. The industry is associated with cuts, lacerations, and amputations, making workers compensation insurance a critical component of business operations. Pay-as-you-go PEO workers comp is a natural fit for this class, providing businesses with a flexible payment structure that matches their actual payroll, helping to mitigate the financial impact of unpredictable claims and audits.
Quick Premium Estimate
Based on the 2026 filed rate of $1.23 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $615.00 | $51.25 |
| $100,000 | $1,230.00 | $102.50 |
| $200,000 | $2,460.00 | $205.00 |
| $500,000 | $6,150.00 | $512.50 |
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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