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 4683
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.75 | — | NCCI FL Filing |
| 2025 | $2.66 | -3.3% ($0.09) | NCCI FL Filing |
| 2024 | $2.49 | -6.4% ($0.17) | NCCI FL −15.1% overall |
| 2023 | $2.71 | +8.8% (+$0.22) | NCCI FL Filing |
| 2022 | $3.17 | +17.0% (+$0.46) | 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
Vegetable Oil Maker- Rotary screw or Hydraulic pressing
The Vegetable Oil Maker class code encompasses businesses and workers involved in the production of vegetable oils using rotary screw or hydraulic pressing equipment, typically found in food processing facilities and factories. These operations pose moderate to high risk due to exposure to heavy machinery, hot equipment, and potential chemical hazards, resulting in a relatively high workers compensation claims frequency. With pay-as-you-go PEO workers comp, employers in this class can effectively manage their expenses and mitigate the risk of large upfront premium payments, ensuring a stable financial foundation for their business operations.
Quick Premium Estimate
Based on the 2026 filed rate of $2.75 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,375.00 | $114.58 |
| $100,000 | $2,750.00 | $229.17 |
| $200,000 | $5,500.00 | $458.33 |
| $500,000 | $13,750.00 | $1,145.83 |
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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