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 3629
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.01 | — | NCCI FL Filing |
| 2025 | $1.12 | +10.9% (+$0.11) | NCCI FL Filing |
| 2024 | $1.16 | +3.6% (+$0.04) | NCCI FL −15.1% overall |
| 2023 | $1.41 | +21.6% (+$0.25) | NCCI FL Filing |
| 2022 | $1.45 | +2.8% (+$0.04) | 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
Precision Machine Parts
Precision machine parts manufacturers typically involve employees working in machining operations, handling machinery, and fabricating parts, which can pose a higher risk for injuries. In Florida, this class code tends to have a moderate to high risk profile due to the use of heavy machinery, material handling, and the potential for repetitive strain injuries. Pay-as-you-go PEO workers comp is a natural fit for this class, as it allows businesses to better manage their cash flow, avoid upfront premium costs, and benefit from reduced administrative burdens.
Quick Premium Estimate
Based on the 2026 filed rate of $1.01 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $505.00 | $42.08 |
| $100,000 | $1,010.00 | $84.17 |
| $200,000 | $2,020.00 | $168.33 |
| $500,000 | $5,050.00 | $420.83 |
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 3629
See exactly what you should be paying for this code vs. what you could pay with us.
Get Instant Quote Talk to a Specialist