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 3612
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.38 | — | NCCI FL Filing |
| 2025 | $1.48 | +7.2% (+$0.10) | NCCI FL Filing |
| 2024 | $1.50 | +1.4% (+$0.02) | NCCI FL −15.1% overall |
| 2023 | $1.81 | +20.7% (+$0.31) | NCCI FL Filing |
| 2022 | $1.91 | +5.5% (+$0.10) | 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
Pump MFG & Repair
Pump manufacturing and repair businesses in this class code typically involve employees handling heavy machinery and equipment, which can pose a risk of injury from accidents, overexertion, and equipment malfunctions. The general Florida risk profile for these businesses suggests a moderate to high risk of workplace injuries, with common hazards including machinery entanglements, slips, trips, and falls. As a result, pay-as-you-go PEO workers' compensation is a natural fit for these businesses, allowing them to budget and pay premiums only for the actual wages paid to employees during each payroll period.
Quick Premium Estimate
Based on the 2026 filed rate of $1.38 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $690.00 | $57.50 |
| $100,000 | $1,380.00 | $115.00 |
| $200,000 | $2,760.00 | $230.00 |
| $500,000 | $6,900.00 | $575.00 |
These are estimates based on the filed rate only and do not include SUTA, admin fees, or other charges. Get a full itemized quote →
Get a Real Quote for Code 3612
See exactly what you should be paying for this code vs. what you could pay with us.
Get Instant Quote Talk to a Specialist