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 3241
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.46 | — | NCCI FL Filing |
| 2025 | $2.29 | -6.9% ($0.17) | NCCI FL Filing |
| 2024 | $2.07 | -9.6% ($0.22) | NCCI FL −15.1% overall |
| 2023 | $2.10 | +1.4% (+$0.03) | NCCI FL Filing |
| 2022 | $2.43 | +15.7% (+$0.33) | 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
Wire Drawing Machine Operations - Materials Received from others
Workers in the wire drawing machine operations industry, typically involved in receiving materials from others, can be classified under this category. In Florida, the risk profile for this class is generally moderate to low, with the primary hazards being equipment-related injuries and ergonomic strains. Pay-as-you-go PEO workers comp is a natural fit for this class, as it enables businesses to manage their workers comp costs more accurately, given the predictable and stable nature of these operations.
Quick Premium Estimate
Based on the 2026 filed rate of $2.46 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,230.00 | $102.50 |
| $100,000 | $2,460.00 | $205.00 |
| $200,000 | $4,920.00 | $410.00 |
| $500,000 | $12,300.00 | $1,025.00 |
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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