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 3881
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.42 | — | NCCI FL Filing |
| 2025 | $2.66 | +9.9% (+$0.24) | NCCI FL Filing |
| 2024 | $1.93 | -27.4% ($0.73) | NCCI FL −15.1% overall |
| 2023 | $2.94 | +52.3% (+$1.01) | NCCI FL Filing |
| 2022 | $3.09 | +5.1% (+$0.15) | 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
Railroad Car Maker- Rebuilding & Repairing included
Railroad car makers and businesses involved in rebuilding and repairing railcars are typically classified under this code, including welding, machinery operation, and material handling activities. In Florida, this class has a generally high risk profile due to the potential for heavy machinery accidents, equipment malfunctions, and physical strain from lifting and maneuvering railcar components. As a result, a pay-as-you-go PEO workers comp model is a natural fit for these businesses, allowing them to manage their premiums based on actual payroll and reduce upfront costs associated with traditional workers comp insurance.
Quick Premium Estimate
Based on the 2026 filed rate of $2.42 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,210.00 | $100.83 |
| $100,000 | $2,420.00 | $201.67 |
| $200,000 | $4,840.00 | $403.33 |
| $500,000 | $12,100.00 | $1,008.33 |
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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