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 8107
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.20 | — | NCCI FL Filing |
| 2025 | $2.50 | +13.6% (+$0.30) | NCCI FL Filing |
| 2024 | $2.57 | +2.8% (+$0.07) | NCCI FL −15.1% overall |
| 2023 | $2.83 | +10.1% (+$0.26) | NCCI FL Filing |
| 2022 | $2.91 | +2.8% (+$0.08) | 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
Machinery Dealer
Machinery dealers in Florida, including those operating new and used equipment sales and rental businesses, are subject to specific workers' compensation regulations. This industry is typically characterized by a moderate risk profile, with injuries often occurring during equipment demonstrations, maintenance, or delivery. A pay-as-you-go PEO workers comp solution is well-suited for machinery dealers as it allows them to budget their workers' compensation expenses based on actual payroll, providing cost certainty and eliminating the need for large upfront deposits.
Quick Premium Estimate
Based on the 2026 filed rate of $2.20 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,100.00 | $91.67 |
| $100,000 | $2,200.00 | $183.33 |
| $200,000 | $4,400.00 | $366.67 |
| $500,000 | $11,000.00 | $916.67 |
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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