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 5703
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $6.62 | — | NCCI FL Filing |
| 2025 | $6.40 | -3.3% ($0.22) | NCCI FL Filing |
| 2024 | $7.25 | +13.3% (+$0.85) | NCCI FL −15.1% overall |
| 2023 | $9.84 | +35.7% (+$2.59) | NCCI FL Filing |
| 2022 | $11.89 | +20.8% (+$2.05) | 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
Building Rasing or Moving & Drivers
Workers involved in building raising or moving, as well as drivers for these operations, fall under this classification. The general risk profile in Florida for this industry is moderate to high, with potential hazards including heavy equipment operation, site accidents, and vehicle collisions. Pay-as-you-go PEO workers' compensation is a natural fit for businesses in this class, as it allows them to budget their workers' comp expenses more accurately and avoid large upfront premium payments.
Quick Premium Estimate
Based on the 2026 filed rate of $6.62 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $3,310.00 | $275.83 |
| $100,000 | $6,620.00 | $551.67 |
| $200,000 | $13,240.00 | $1,103.33 |
| $500,000 | $33,100.00 | $2,758.33 |
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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