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 4777
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $3.20 | — | NCCI FL Filing |
| 2025 | $3.14 | -1.9% ($0.06) | NCCI FL Filing |
| 2024 | $3.31 | +5.4% (+$0.17) | NCCI FL −15.1% overall |
| 2023 | $3.82 | +15.4% (+$0.51) | NCCI FL Filing |
| 2022 | $4.68 | +22.5% (+$0.86) | 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
Fireworks or Explosives Distribution-Wholesale or Retail Merchants
Businesses and workers covered under this classification include fireworks or explosives distributors, wholesalers, and retailers, as well as establishments that sell explosive materials for use in mining, construction, or other industries. The FL risk profile for this classification is high due to the hazardous nature of the products being handled, posing significant risks of explosions, burns, and other injuries. Pay-as-you-go PEO workers comp is a natural fit for this class as it allows businesses to avoid upfront premium costs and instead pay for coverage as they incur workers' comp expenses, helping to manage cash flow and reduce the financial burden of workers' comp costs.
Quick Premium Estimate
Based on the 2026 filed rate of $3.20 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,600.00 | $133.33 |
| $100,000 | $3,200.00 | $266.67 |
| $200,000 | $6,400.00 | $533.33 |
| $500,000 | $16,000.00 | $1,333.33 |
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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