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FL Comp Code: 0050

Farm Machiney-Operation by Contractors

Florida 2026 Filed Rate
$3.83
per $100 payroll
2026 Filed Rate
3.83%
of payroll
Rate as Percentage
FL 0050
NCCI Class Code

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 0050
Year Rate (per $100) Year-over-Year Status
2026 Active $3.83 NCCI FL Filing
2025 $3.82 -0.3% ($0.01) NCCI FL Filing
2024 $3.78 -1.0% ($0.04) NCCI FL −15.1% overall
2023 $4.51 +19.3% (+$0.73) NCCI FL Filing
2022 $5.07 +12.4% (+$0.56) 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

Farm Machiney-Operation by Contractors

This code refers to contractors renting agricultural machinery and operation of equipment at their customers' locations. These operations include: planting, cultivating, fertilizing, baling and harvesting while using plows, fertilizer, spreaders, combines, reapers, pickers, portable hay-balers, and feed-mills.

Quick Premium Estimate

Based on the 2026 filed rate of $3.83 per $100 of payroll:

Annual Payroll Est. Annual Premium Est. Monthly
$50,000 $1,915.00 $159.58
$100,000 $3,830.00 $319.17
$200,000 $7,660.00 $638.33
$500,000 $19,150.00 $1,595.83

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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