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 9516
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $1.63 | — | NCCI FL Filing |
| 2025 | $1.75 | +7.4% (+$0.12) | NCCI FL Filing |
| 2024 | $1.74 | -0.6% ($0.01) | NCCI FL −15.1% overall |
| 2023 | $2.03 | +16.7% (+$0.29) | NCCI FL Filing |
| 2022 | $2.40 | +18.2% (+$0.37) | 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
Electronic Equipment Installation, Service or Repair & Drivers
Radio workers in Florida often fall under this class code, which includes employees responsible for broadcasting, communication, and related services. Typically, businesses with a high level of equipment maintenance and frequent on-site installations or repairs also fall under this classification. Due to the potential for accidents involving heavy equipment, electrical shock, and physical labor, pay-as-you-go PEO workers comp is a natural fit for this class, allowing companies to better manage their risk and costs.
Quick Premium Estimate
Based on the 2026 filed rate of $1.63 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $815.00 | $67.92 |
| $100,000 | $1,630.00 | $135.83 |
| $200,000 | $3,260.00 | $271.67 |
| $500,000 | $8,150.00 | $679.17 |
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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