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 4240
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.84 | — | NCCI FL Filing |
| 2025 | $2.02 | +9.8% (+$0.18) | NCCI FL Filing |
| 2024 | $2.23 | +10.4% (+$0.21) | NCCI FL −15.1% overall |
| 2023 | $2.92 | +30.9% (+$0.69) | NCCI FL Filing |
| 2022 | $3.73 | +27.7% (+$0.81) | 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
Paper Box Manufacturing
Paper box manufacturing facilities with workers comp class code 4240 typically involve a mix of laborers, skilled craftsmen, and machine operators in an industrial setting, often with moderate to high levels of physical activity and potential for workplace hazards. The general Florida risk profile for this class tends to be higher due to the presence of heavy machinery, repetitive strain injuries, and potential exposure to chemicals. A pay-as-you-go PEO workers comp solution, such as those offered by GarrettRichard, can help paper box manufacturers manage this risk by providing flexible pricing, streamlined administration, and timely access to claims funding.
Quick Premium Estimate
Based on the 2026 filed rate of $1.84 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $920.00 | $76.67 |
| $100,000 | $1,840.00 | $153.33 |
| $200,000 | $3,680.00 | $306.67 |
| $500,000 | $9,200.00 | $766.67 |
These are estimates based on the filed rate only and do not include SUTA, admin fees, or other charges. Get a full itemized quote →
Get a Real Quote for Code 4240
See exactly what you should be paying for this code vs. what you could pay with us.
Get Instant Quote Talk to a Specialist