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 4717
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.58 | — | NCCI FL Filing |
| 2025 | $1.65 | +4.4% (+$0.07) | NCCI FL Filing |
| 2024 | $1.60 | -3.0% ($0.05) | NCCI FL −15.1% overall |
| 2023 | $1.81 | +13.1% (+$0.21) | NCCI FL Filing |
| 2022 | $1.94 | +7.2% (+$0.13) | 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
Butter Substitute Mfg- Vegetable Margarine
Butter substitute manufacturing, specifically vegetable margarine production, requires workers with expertise in food processing and handling, making businesses in this sector a good fit for pay-as-you-go PEO workers comp. With a high risk of equipment-related injuries and food product contamination, the general risk profile in this industry poses significant challenges for employers. Pay-as-you-go PEO workers comp is a natural fit for these businesses as it provides flexible payroll-based premiums, helping them manage fluctuating production costs and labor needs while minimizing the financial impact of potential workers comp claims.
Quick Premium Estimate
Based on the 2026 filed rate of $1.58 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $790.00 | $65.83 |
| $100,000 | $1,580.00 | $131.67 |
| $200,000 | $3,160.00 | $263.33 |
| $500,000 | $7,900.00 | $658.33 |
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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