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 5020
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $4.10 | — | NCCI FL Filing |
| 2025 | $4.90 | +19.5% (+$0.80) | NCCI FL Filing |
| 2024 | $5.43 | +10.8% (+$0.53) | NCCI FL −15.1% overall |
| 2023 | $6.63 | +22.1% (+$1.20) | NCCI FL Filing |
| 2022 | $7.65 | +15.4% (+$1.02) | 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
Ceiling Installation Contractors- Suspended Acoustical Grid Type
Ceiling installation contractors specializing in suspended acoustical grid type work fall under this classification, typically involving physical labor, material handling, and equipment operation in a fast-paced construction environment. The general risk profile for this type of business in Florida suggests a moderate to high risk of workplace injuries and illnesses, particularly related to musculoskeletal disorders, falls, and material handling accidents. Pay-as-you-go PEO workers comp is a natural fit for these businesses due to their variable workforce sizes and fluctuating insurance premiums, allowing for more accurate and cost-effective risk management.
Quick Premium Estimate
Based on the 2026 filed rate of $4.10 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $2,050.00 | $170.83 |
| $100,000 | $4,100.00 | $341.67 |
| $200,000 | $8,200.00 | $683.33 |
| $500,000 | $20,500.00 | $1,708.33 |
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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