Florida 2026 Filed Rate
-11.6% vs 2025Florida 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 3030
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $3.52 | -11.6% ($0.46) | NCCI FL Filing |
| 2025 | $3.98 | -4.8% ($0.20) | NCCI FL Filing |
| 2024 | $4.18 | -21.1% ($1.12) | NCCI FL −15.1% overall |
| 2023 | $5.30 | -16.7% ($1.06) | NCCI FL Filing |
| 2022 | $6.36 | - | 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
Iron or Steel: Fab Shop
This code is restricted to a permanately located shop in which the insureds engage in the fabrication or assembly of structural iron or steel products such as I-beams, channels, bars, angles, tees, plates and other large metal members of a structure. The manufactured products are used by others in the construction of buildings or bridges.
Quick Premium Estimate
Based on the 2026 filed rate of $3.52 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,760.00 | $146.67 |
| $100,000 | $3,520.00 | $293.33 |
| $200,000 | $7,040.00 | $586.67 |
| $500,000 | $17,600.00 | $1,466.67 |
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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