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FL Comp Code: 3632

Machine Shop

Florida 2026 Filed Rate
$1.90
per $100 payroll
2026 Filed Rate
1.9%
of payroll
Rate as Percentage
FL 3632
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 3632
Year Rate (per $100) Year-over-Year Status
2026 Active $1.90 NCCI FL Filing
2025 $2.22 +16.8% (+$0.32) NCCI FL Filing
2024 $2.27 +2.3% (+$0.05) NCCI FL −15.1% overall
2023 $2.73 +20.3% (+$0.46) NCCI FL Filing
2022 $2.89 +5.9% (+$0.16) 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

Machine Shop

This code applies to employees manufacturing or repairing machines as well as general job machining. The parts included under this classification may be metal castings, forgings, bars, rods, flats, tubing, angles, pipe and pipe fittings, chains, sockets, gears, shafting, pulleys, hardware, sheet metal, and some lumber. The processes used may include boring, turning, planing, shaping, milling, drilling, punching, grinding, tapping, threading, shearing, bending, forming, riveting, welding, painting, inspecting, and testing.

Quick Premium Estimate

Based on the 2026 filed rate of $1.90 per $100 of payroll:

Annual Payroll Est. Annual Premium Est. Monthly
$50,000 $950.00 $79.17
$100,000 $1,900.00 $158.33
$200,000 $3,800.00 $316.67
$500,000 $9,500.00 $791.67

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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