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 4670
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $3.00 | — | NCCI FL Filing |
| 2025 | $3.79 | +26.3% (+$0.79) | NCCI FL Filing |
| 2024 | $4.51 | +19.0% (+$0.72) | NCCI FL −15.1% overall |
| 2023 | $5.31 | +17.7% (+$0.80) | NCCI FL Filing |
| 2022 | $5.87 | +10.5% (+$0.56) | 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
Cottonseed Oil Maker- Mechanical Extraction
Cottonseed oil makers using mechanical extraction methods, typically fall under this class code and may also include related businesses, such as oil refineries or manufacturers. The general Florida risk profile for this class indicates a moderate to high level of workplace hazards, including exposure to equipment malfunctions, heat stress, and physical strain. Pay-as-you-go PEO workers comp is a natural fit for this class due to the fluctuating workforce demands and the potential for seasonal or project-based work patterns in the cottonseed oil industry.
Quick Premium Estimate
Based on the 2026 filed rate of $3.00 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,500.00 | $125.00 |
| $100,000 | $3,000.00 | $250.00 |
| $200,000 | $6,000.00 | $500.00 |
| $500,000 | $15,000.00 | $1,250.00 |
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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