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 8500
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $3.92 | — | NCCI FL Filing |
| 2025 | $4.44 | +13.3% (+$0.52) | NCCI FL Filing |
| 2024 | $4.74 | +6.8% (+$0.30) | NCCI FL −15.1% overall |
| 2023 | $6.22 | +31.2% (+$1.48) | NCCI FL Filing |
| 2022 | $7.26 | +16.7% (+$1.04) | 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
Metal Scrap Dealer & Drivers
Metal Scrap Dealers and Drivers in Florida often require workers compensation insurance to cover the physical demands of their jobs, including handling heavy materials and exposure to hazardous work environments. Typically, businesses with this classification have a higher risk profile due to the potential for workplace injuries and accidents. Pay-as-you-go PEO workers comp is a natural fit for this class, allowing businesses to avoid upfront premiums and pay only for the actual costs of workers comp coverage as they earn it, providing a more manageable and cost-effective option for managing risk.
Quick Premium Estimate
Based on the 2026 filed rate of $3.92 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,960.00 | $163.33 |
| $100,000 | $3,920.00 | $326.67 |
| $200,000 | $7,840.00 | $653.33 |
| $500,000 | $19,600.00 | $1,633.33 |
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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