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 5437
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $4.57 | — | NCCI FL Filing |
| 2025 | $4.69 | +2.6% (+$0.12) | NCCI FL Filing |
| 2024 | $4.48 | -4.5% ($0.21) | NCCI FL −15.1% overall |
| 2023 | $5.35 | +19.4% (+$0.87) | NCCI FL Filing |
| 2022 | $6.23 | +16.4% (+$0.88) | 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
Carpentry -Cabinet Install-Interior Finish Carpentry
Carpenters and interior finish specialists who install cabinets and other custom woodwork in Florida fall under this classification, which typically includes workers in high-end residential and commercial construction projects. This classification carries a moderate to high risk profile due to the physical demands of the job, potential for accidents with power tools, and exposure to hazardous materials. Pay-as-you-go PEO workers' compensation is a natural fit for this class due to the fluctuating workforce and project-based nature of cabinet installation and interior finish carpentry work.
Quick Premium Estimate
Based on the 2026 filed rate of $4.57 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $2,285.00 | $190.42 |
| $100,000 | $4,570.00 | $380.83 |
| $200,000 | $9,140.00 | $761.67 |
| $500,000 | $22,850.00 | $1,904.17 |
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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