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 3638
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.28 | — | NCCI FL Filing |
| 2025 | $1.32 | +3.1% (+$0.04) | NCCI FL Filing |
| 2024 | $1.39 | +5.3% (+$0.07) | NCCI FL −15.1% overall |
| 2023 | $1.72 | +23.7% (+$0.33) | NCCI FL Filing |
| 2022 | $1.86 | +8.1% (+$0.14) | 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
Bearing Maker - Ball or Roll
Bearing makers who fabricate ball and roll bearings are typically classified under this code, with a moderate to high risk profile due to potential hazards such as machinery accidents and material handling injuries. Businesses in this class often require regular maintenance and upgrading of equipment, which can lead to periodic fluctuations in payroll. A pay-as-you-go PEO workers comp solution is a natural fit for this class, as it allows for flexible and cost-effective insurance management that adapts to the business's changing needs.
Quick Premium Estimate
Based on the 2026 filed rate of $1.28 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $640.00 | $53.33 |
| $100,000 | $1,280.00 | $106.67 |
| $200,000 | $2,560.00 | $213.33 |
| $500,000 | $6,400.00 | $533.33 |
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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