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 3507
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.26 | — | NCCI FL Filing |
| 2025 | $2.33 | +3.1% (+$0.07) | NCCI FL Filing |
| 2024 | $2.27 | -2.6% ($0.06) | NCCI FL −15.1% overall |
| 2023 | $2.60 | +14.5% (+$0.33) | NCCI FL Filing |
| 2022 | $2.93 | +12.7% (+$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
Agricultural Machine Maker-Reapers & Mowers
Businesses and workers in agricultural machine manufacturing, particularly those who specialize in reaper and mower production, fall under this classification. Florida's risk profile for this industry is moderate to high, with frequent equipment operation and potential exposure to injury from machinery and heavy lifting. Pay-as-you-go PEO workers comp is a natural fit for these operations, as it allows for flexible payment plans and reduced upfront costs, helping to alleviate some of the financial strain associated with this high-risk industry.
Quick Premium Estimate
Based on the 2026 filed rate of $2.26 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,130.00 | $94.17 |
| $100,000 | $2,260.00 | $188.33 |
| $200,000 | $4,520.00 | $376.67 |
| $500,000 | $11,300.00 | $941.67 |
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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