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 3385
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $0.70 | — | NCCI FL Filing |
| 2025 | $0.73 | +4.3% (+$0.03) | NCCI FL Filing |
| 2024 | $0.75 | +2.7% (+$0.02) | NCCI FL −15.1% overall |
| 2023 | $0.85 | +13.3% (+$0.10) | NCCI FL Filing |
| 2022 | $0.82 | -3.5% ($0.03) | 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
Watch Maker
Watch makers in Florida are typically considered a high-risk occupational group, with employees potentially exposed to fine particles, loud machinery, and repetitive strain injuries. As a high-risk industry, watch makers are more likely to experience work-related claims and higher insurance premiums. Pay-as-you-go PEO workers comp is a natural fit for this class, allowing businesses to manage their workers comp expenses in real-time and avoid the financial burden of large upfront premium payments.
Quick Premium Estimate
Based on the 2026 filed rate of $0.70 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $350.00 | $29.17 |
| $100,000 | $700.00 | $58.33 |
| $200,000 | $1,400.00 | $116.67 |
| $500,000 | $3,500.00 | $291.67 |
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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