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 5057
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.86 | — | NCCI FL Filing |
| 2025 | $3.15 | +10.1% (+$0.29) | NCCI FL Filing |
| 2024 | $3.29 | +4.4% (+$0.14) | NCCI FL −15.1% overall |
| 2023 | $4.34 | +31.9% (+$1.05) | NCCI FL Filing |
| 2022 | $4.79 | +10.4% (+$0.45) | 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
Iron or Steel: Erection -Other
This class covers iron or steel construction workers involved in erection activities beyond the initial site preparation, such as assembling, hoisting, and placing steel beams, columns, and other structural components. Florida's risk profile for this industry is high due to the physical demands and hazards associated with steel erection, including falls, electrocution, and equipment entanglement. Pay-as-you-go PEO workers comp is a natural fit for this class due to the variable nature of construction projects and the need to adapt to changing workforce sizes and exposures.
Quick Premium Estimate
Based on the 2026 filed rate of $2.86 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,430.00 | $119.17 |
| $100,000 | $2,860.00 | $238.33 |
| $200,000 | $5,720.00 | $476.67 |
| $500,000 | $14,300.00 | $1,191.67 |
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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