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 5508
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $4.41 | — | NCCI FL Filing |
| 2025 | $5.13 | +16.3% (+$0.72) | NCCI FL Filing |
| 2024 | $5.65 | +10.1% (+$0.52) | NCCI FL −15.1% overall |
| 2023 | $7.06 | +25.0% (+$1.41) | NCCI FL Filing |
| 2022 | $8.34 | +18.1% (+$1.28) | 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
Street or Road Const & Drivers- Excavating Rock
This code applies to employees performing street or road construction involving the preliminary excavating of mass rock from the right-of-way. These operations may also include blasting to remove the rock from the side of a mountain.
Quick Premium Estimate
Based on the 2026 filed rate of $4.41 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $2,205.00 | $183.75 |
| $100,000 | $4,410.00 | $367.50 |
| $200,000 | $8,820.00 | $735.00 |
| $500,000 | $22,050.00 | $1,837.50 |
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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