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FL Comp Code: 5223

Swimming Pool Const

Florida 2026 Filed Rate
$2.60
per $100 payroll
2026 Filed Rate
2.6%
of payroll
Rate as Percentage
FL 5223
NCCI Class Code

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 5223
Year Rate (per $100) Year-over-Year Status
2026 Active $2.60 NCCI FL Filing
2025 $3.12 +20.0% (+$0.52) NCCI FL Filing
2024 $3.13 +0.3% (+$0.01) NCCI FL −15.1% overall
2023 $3.95 +26.2% (+$0.82) NCCI FL Filing
2022 $4.46 +12.9% (+$0.51) 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

Swimming Pool Const

Swimming pool construction workers face a moderate to high risk of injuries and illnesses due to the physically demanding nature of their work, involving heavy lifting, falls, and exposure to hazardous chemicals. As such, businesses in this industry often have higher workers' compensation premiums to account for the increased risk of accidents and injuries. Pay-as-you-go PEO workers comp is a natural fit for swimming pool construction companies, as it allows them to pay premiums only for the workers they have on payroll at any given time, reducing cash flow issues and providing more accurate premium calculations.

Quick Premium Estimate

Based on the 2026 filed rate of $2.60 per $100 of payroll:

Annual Payroll Est. Annual Premium Est. Monthly
$50,000 $1,300.00 $108.33
$100,000 $2,600.00 $216.67
$200,000 $5,200.00 $433.33
$500,000 $13,000.00 $1,083.33

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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