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 4703
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.12 | — | NCCI FL Filing |
| 2025 | $1.14 | +1.8% (+$0.02) | NCCI FL Filing |
| 2024 | $1.14 | 0.0% ($0.00) | NCCI FL −15.1% overall |
| 2023 | $1.38 | +21.1% (+$0.24) | NCCI FL Filing |
| 2022 | $1.59 | +15.2% (+$0.21) | 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
Corn Products Maker- Starch Making
Corn products makers that use starch making processes, such as food manufacturers and starch processing facilities, fall under this workers compensation class code. These businesses often have a moderate to high risk profile in Florida, due to potential hazards associated with machinery and chemical handling. A pay-as-you-go PEO workers compensation solution is a natural fit for these businesses, as it allows them to budget their workers comp expenses more accurately and avoid the financial strain of a large annual premium payment.
Quick Premium Estimate
Based on the 2026 filed rate of $1.12 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $560.00 | $46.67 |
| $100,000 | $1,120.00 | $93.33 |
| $200,000 | $2,240.00 | $186.67 |
| $500,000 | $5,600.00 | $466.67 |
These are estimates based on the filed rate only and do not include SUTA, admin fees, or other charges. Get a full itemized quote →
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