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 7538
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.65 | — | NCCI FL Filing |
| 2025 | $2.01 | +21.8% (+$0.36) | NCCI FL Filing |
| 2024 | $2.37 | +17.9% (+$0.36) | NCCI FL −15.1% overall |
| 2023 | $3.13 | +32.1% (+$0.76) | NCCI FL Filing |
| 2022 | $3.92 | +25.2% (+$0.79) | 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
Powerline or Electric Light Construction & Drivers
This class code covers workers involved in powerline or electric light construction and driving, including electricians, linemen, and utility workers who install and repair electrical equipment and infrastructure. Florida's risk profile for this class is high due to the hazardous nature of the work, with a higher likelihood of injuries and fatalities related to electrical shock, falls from heights, and vehicle accidents. Pay-as-you-go PEO workers comp is a natural fit for this class, allowing businesses to manage their workers comp costs more effectively and reduce the financial risk associated with unpredictable injury claims.
Quick Premium Estimate
Based on the 2026 filed rate of $1.65 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $825.00 | $68.75 |
| $100,000 | $1,650.00 | $137.50 |
| $200,000 | $3,300.00 | $275.00 |
| $500,000 | $8,250.00 | $687.50 |
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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