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 6872
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $5.49 | — | NCCI FL Filing |
| 2025 | $6.18 | +12.6% (+$0.69) | NCCI FL Filing |
| 2024 | $6.45 | +4.4% (+$0.27) | NCCI FL −15.1% overall |
| 2023 | $7.58 | +17.5% (+$1.13) | NCCI FL Filing |
| 2022 | $8.91 | +17.5% (+$1.33) | 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
Ship Repair Conversion U.S. Act
Ship repair conversion businesses operating in Florida, such as those employing shipwrights, boilermakers, and riggers, are covered under this classification. The general Florida risk profile for this industry suggests a moderate to high risk of workplace injuries, particularly due to heavy machinery and equipment use. Pay-as-you-go PEO workers comp is a natural fit for this class, allowing businesses to manage their workers comp costs more accurately and avoid the financial burden of unpredictable quarterly premium payments.
Quick Premium Estimate
Based on the 2026 filed rate of $5.49 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $2,745.00 | $228.75 |
| $100,000 | $5,490.00 | $457.50 |
| $200,000 | $10,980.00 | $915.00 |
| $500,000 | $27,450.00 | $2,287.50 |
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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