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 5059
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $10.40 | — | NCCI FL Filing |
| 2025 | $10.71 | +3.0% (+$0.31) | NCCI FL Filing |
| 2024 | $11.91 | +11.2% (+$1.20) | NCCI FL −15.1% overall |
| 2023 | $15.11 | +26.9% (+$3.20) | NCCI FL Filing |
| 2022 | $18.29 | +21.0% (+$3.18) | 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 - 2 Stories & Under
This class covers workers and businesses involved in iron or steel erection on structures two stories or under, with a generally moderate to low-risk profile in Florida. The work often involves specialized labor and equipment, but typically poses fewer hazards than more complex construction projects. Pay-as-you-go PEO workers comp is a natural fit for these businesses, as it allows for flexible pricing and reduced financial burdens during slower periods, freeing up capital for other needs such as equipment purchases or business expansion.
Quick Premium Estimate
Based on the 2026 filed rate of $10.40 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $5,200.00 | $433.33 |
| $100,000 | $10,400.00 | $866.67 |
| $200,000 | $20,800.00 | $1,733.33 |
| $500,000 | $52,000.00 | $4,333.33 |
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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