Florida Workers’ Compensation Rates

//Florida Workers’ Compensation Rates

Florida Workers’ Compensation Rates

A rate change affecting most of Florida’s Workers’ Compensation Classification Codes will become effective on January 1, 2018.

  • Locate your Classification Codes in the link below to see how your rates were affected.
  • While the rate change for each code will differ, the average rate decrease for all classes is 9.8%.
  • Your rates will change on your Anniversary Rating Date (usually coinciding with your Workers’ Compensation Policy Effective Date), rather than being effective for you on 1/1/18.
  • There are other changes effective January 1st that may be of interest to you:

  • The Expense Constant will drop from $200 to $160 per policy.
  • The USL&H surcharge is increasing from 92% to 94%.
  • The Terrorism rate is declining from.02 to .01 per $100 of payroll.
  • The Partners and Sole Proprietors payroll limitation in increasing from $43,800 to $46,100.
  • Florida Workers’ Compensation Rates

    By | 2017-12-14T16:05:18+00:00 December 14th, 2017|Uncategorized|0 Comments

    About the Author: