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 2305
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $0.73 | — | NCCI FL Filing |
| 2025 | $1.97 | +169.9% (+$1.24) | NCCI FL Filing |
| 2024 | $1.90 | -3.6% ($0.07) | NCCI FL −15.1% overall |
| 2023 | $2.38 | +25.3% (+$0.48) | NCCI FL Filing |
| 2022 | $2.59 | +8.8% (+$0.21) | 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
Synthetic Yarn Manufacturing-Rayon
This code is applied to insureds manufacturing of synthetic textile fibers - including those textile fibers made through an extrusion process from the melting of plastic or similar type of pelletes. This includes the use of a bobbin spinning machine and a second spinning machine that adds the twisting operation of the yarn.
Quick Premium Estimate
Based on the 2026 filed rate of $0.73 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $365.00 | $30.42 |
| $100,000 | $730.00 | $60.83 |
| $200,000 | $1,460.00 | $121.67 |
| $500,000 | $3,650.00 | $304.17 |
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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