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 3126
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.08 | — | NCCI FL Filing |
| 2025 | $1.96 | -5.8% ($0.12) | NCCI FL Filing |
| 2024 | $1.72 | -12.2% ($0.24) | NCCI FL −15.1% overall |
| 2023 | $1.72 | 0.0% ($0.00) | NCCI FL Filing |
| 2022 | $1.63 | -5.2% ($0.09) | 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
Agricultural Tool Maker-Mining
Agricultural Tool Maker-Mining class code covers workers in businesses that manufacture or repair agricultural tools, as well as mining operations. The general Florida risk profile for this class is moderately to high, due to the potential for equipment-related accidents and exposure to hazardous materials. Pay-as-you-go PEO workers comp is a natural fit for this class, as it allows businesses to pay for workers comp insurance only as they incur payroll expenses, providing a more agile and cost-effective solution for managing workers comp costs.
Quick Premium Estimate
Based on the 2026 filed rate of $2.08 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,040.00 | $86.67 |
| $100,000 | $2,080.00 | $173.33 |
| $200,000 | $4,160.00 | $346.67 |
| $500,000 | $10,400.00 | $866.67 |
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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