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 3724
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.62 | — | NCCI FL Filing |
| 2025 | $2.85 | +8.8% (+$0.23) | NCCI FL Filing |
| 2024 | $2.88 | +1.1% (+$0.03) | NCCI FL −15.1% overall |
| 2023 | $3.18 | +10.4% (+$0.30) | NCCI FL Filing |
| 2022 | $3.35 | +5.3% (+$0.17) | 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
Elect Apparatus or Repair-Garage & Overhead Doors
Electrical apparatus and repair garage businesses, including those specializing in overhead doors, are typically covered under this classification. In Florida, risk profiles for these businesses tend to be moderate to high, due to potential electrical hazards and heavy equipment use. Pay-as-you-go PEO workers comp is a natural fit for this class, as it allows for real-time risk assessments and cost adjustments, helping to mitigate the financial impact of variable workloads and potential claims.
Quick Premium Estimate
Based on the 2026 filed rate of $2.62 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,310.00 | $109.17 |
| $100,000 | $2,620.00 | $218.33 |
| $200,000 | $5,240.00 | $436.67 |
| $500,000 | $13,100.00 | $1,091.67 |
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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