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 3635
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.30 | — | NCCI FL Filing |
| 2025 | $1.28 | -1.5% ($0.02) | NCCI FL Filing |
| 2024 | $1.25 | -2.3% ($0.03) | NCCI FL −15.1% overall |
| 2023 | $1.64 | +31.2% (+$0.39) | NCCI FL Filing |
| 2022 | $1.98 | +20.7% (+$0.34) | 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
Gear Making or Grinding
Gear making or grinding operations in Florida are classified as a high-risk industry with a higher-than-average claim frequency, primarily due to the hazardous nature of machinery and equipment involved. This code typically covers workers at manufacturing facilities, machine shops, and other establishments where gear production, cutting, or grinding takes place. Pay-as-you-go PEO workers comp is a natural fit for these businesses, as it allows them to avoid large upfront premium payments and instead pay for insurance coverage based on their actual payroll, helping to manage cash flow and reduce financial strain.
Quick Premium Estimate
Based on the 2026 filed rate of $1.30 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $650.00 | $54.17 |
| $100,000 | $1,300.00 | $108.33 |
| $200,000 | $2,600.00 | $216.67 |
| $500,000 | $6,500.00 | $541.67 |
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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