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 7205
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $6.69 | — | NCCI FL Filing |
| 2025 | $7.76 | +16.0% (+$1.07) | NCCI FL Filing |
| 2024 | $7.94 | +2.3% (+$0.18) | NCCI FL −15.1% overall |
| 2023 | $9.77 | +23.0% (+$1.83) | NCCI FL Filing |
| 2022 | $10.82 | +10.7% (+$1.05) | 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
Horse Training
Horse training facilities and related businesses, such as equine stables, trainers, and breeders, fall under this classification. As horse training involves potential hazards like horse falls and equipment malfunctions, the risk profile for this class tends to be moderate to high. Pay-as-you-go PEO workers compensation is a natural fit for this class, allowing these businesses to better manage their cash flow and mitigate the financial risks associated with workers comp premiums.
Quick Premium Estimate
Based on the 2026 filed rate of $6.69 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $3,345.00 | $278.75 |
| $100,000 | $6,690.00 | $557.50 |
| $200,000 | $13,380.00 | $1,115.00 |
| $500,000 | $33,450.00 | $2,787.50 |
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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