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 8047
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $0.74 | — | NCCI FL Filing |
| 2025 | $0.77 | +4.1% (+$0.03) | NCCI FL Filing |
| 2024 | $0.72 | -6.5% ($0.05) | NCCI FL −15.1% overall |
| 2023 | $0.89 | +23.6% (+$0.17) | NCCI FL Filing |
| 2022 | $0.99 | +11.2% (+$0.10) | 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
Wholesale Drug Store
Wholesale drug stores under this classification typically include pharmacies, medical supply stores, and related establishments. These businesses often have a moderate to high risk profile due to the handling of hazardous materials and equipment, as well as potential liability from employee mistakes. Pay-as-you-go PEO workers comp is a natural fit for this classification, providing businesses with flexible and cost-effective insurance solutions tailored to their specific needs.
Quick Premium Estimate
Based on the 2026 filed rate of $0.74 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $370.00 | $30.83 |
| $100,000 | $740.00 | $61.67 |
| $200,000 | $1,480.00 | $123.33 |
| $500,000 | $3,700.00 | $308.33 |
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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