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 4720
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.83 | — | NCCI FL Filing |
| 2025 | $1.87 | +2.2% (+$0.04) | NCCI FL Filing |
| 2024 | $1.72 | -8.0% ($0.15) | NCCI FL −15.1% overall |
| 2023 | $1.96 | +14.0% (+$0.24) | NCCI FL Filing |
| 2022 | $2.19 | +11.7% (+$0.23) | 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
Soap Maker- Aniaml Fats
Workers involved in soap making using animal fats typically fall under this classification, which includes businesses that produce soap products using tallow or lard. Due to the hazardous nature of working with animal fats, such as exposure to skin irritants and potential fire risks, the general risk profile in this class is moderate to high. A pay-as-you-go PEO workers comp solution is a natural fit for businesses in this class, as it allows for flexible and cost-effective management of workers comp expenses that can fluctuate based on production levels and seasonal demand.
Quick Premium Estimate
Based on the 2026 filed rate of $1.83 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $915.00 | $76.25 |
| $100,000 | $1,830.00 | $152.50 |
| $200,000 | $3,660.00 | $305.00 |
| $500,000 | $9,150.00 | $762.50 |
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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