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 8031
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.73 | — | NCCI FL Filing |
| 2025 | $1.92 | +11.0% (+$0.19) | NCCI FL Filing |
| 2024 | $1.87 | -2.6% ($0.05) | NCCI FL −15.1% overall |
| 2023 | $2.26 | +20.9% (+$0.39) | NCCI FL Filing |
| 2022 | $2.58 | +14.2% (+$0.32) | 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
Store: Meat & Fish-Retail
This class covers retail meat and fish stores, which often involve manual labor and handling of perishable products, resulting in a higher risk profile for workers' compensation claims in Florida. As a result, businesses in this class typically face higher premiums, making pay-as-you-go PEO workers' compensation a more affordable and manageable option. By partnering with a PEO like GarrettRichard, these retailers can better manage their workers' comp costs and reduce their financial burden.
Quick Premium Estimate
Based on the 2026 filed rate of $1.73 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $865.00 | $72.08 |
| $100,000 | $1,730.00 | $144.17 |
| $200,000 | $3,460.00 | $288.33 |
| $500,000 | $8,650.00 | $720.83 |
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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