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 3824
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.59 | — | NCCI FL Filing |
| 2025 | $2.72 | +5.0% (+$0.13) | NCCI FL Filing |
| 2024 | $2.79 | +2.6% (+$0.07) | NCCI FL −15.1% overall |
| 2023 | $3.05 | +9.3% (+$0.26) | NCCI FL Filing |
| 2022 | $3.60 | +18.0% (+$0.55) | 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
Bus
As a PEO agency, GarrettRichard works with transportation businesses, including bus companies, that require workers compensation insurance coverage. In Florida, this class of business is subject to a moderate to high risk profile due to the potential for accidents and injuries, particularly when operating in heavy traffic. Pay-as-you-go workers compensation through a PEO like GarrettRichard can be a natural fit for bus companies, as it allows for flexible and cost-effective payment of premiums based on actual payroll expenses.
Quick Premium Estimate
Based on the 2026 filed rate of $2.59 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,295.00 | $107.92 |
| $100,000 | $2,590.00 | $215.83 |
| $200,000 | $5,180.00 | $431.67 |
| $500,000 | $12,950.00 | $1,079.17 |
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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