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FL Comp Code: 3030

Iron or Steel: Fab Shop

Florida 2026 Filed Rate
$3.52
per $100 payroll
2026 Filed Rate
3.52%
of payroll
Rate as Percentage
FL 3030
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 3030
Year Rate (per $100) Year-over-Year Status
2026 Active $3.52 NCCI FL Filing
2025 $3.98 +13.1% (+$0.46) NCCI FL Filing
2024 $4.18 +5.0% (+$0.20) NCCI FL −15.1% overall
2023 $5.30 +26.8% (+$1.12) NCCI FL Filing
2022 $6.36 +20.0% (+$1.06) 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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