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 5507
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $3.29 | — | NCCI FL Filing |
| 2025 | $3.97 | +20.7% (+$0.68) | NCCI FL Filing |
| 2024 | $4.02 | +1.3% (+$0.05) | NCCI FL −15.1% overall |
| 2023 | $4.66 | +15.9% (+$0.64) | NCCI FL Filing |
| 2022 | $5.24 | +12.4% (+$0.58) | 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
Street or Road Construction: Sub Surface Work& Drivers
Street or road construction workers who perform subsurface work and drivers are typically assigned this class code. They often face a moderate to high risk profile in Florida, with hazards including heavy equipment operation, confined spaces, and vehicular accidents. A pay-as-you-go PEO workers comp solution from GarrettRichard is a natural fit for this class due to the variable and often unpredictable nature of construction projects, making it essential for businesses to manage their workers comp costs as they grow and adapt to changing project needs.
Quick Premium Estimate
Based on the 2026 filed rate of $3.29 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,645.00 | $137.08 |
| $100,000 | $3,290.00 | $274.17 |
| $200,000 | $6,580.00 | $548.33 |
| $500,000 | $16,450.00 | $1,370.83 |
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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