Workers' Comp Cost for General Contractors in Florida
2026 Florida rate: $3.50–$6.00 per $100 payroll per $100 of payroll. $5,000–$18,000 for a small GC.
2026 Rate Range
$3.50–$6.00 per $100 payroll
per $100 payroll
NCCI Class Code
5403
Florida 2026
Typical Annual Premium
$5,000–$18,000 for a small GC
before experience mod
Florida Workers' Comp Rates for General Contractors
General contractors in Florida use class code 5403 (Carpentry NOC) as a common base code, though the actual code depends on the work performed. The FWCJUA 2026 rate for 5403 is $4.364 per $100 of payroll. GCs often have multiple class codes for different employee types.
Key Facts
- GCs often have multiple class codes — supervisors, laborers, and office staff each have different rates
- Uninsured subcontractors are treated as your employees for workers' comp purposes
- Florida GCs with 1+ employees in construction must carry workers' comp
- Corporate officers in non-roofing construction can file an exemption (up to 3 per company)
What Affects Your Premium
- Total annual payroll across all employee classifications
- Mix of work types (residential vs. commercial, new construction vs. renovation)
- Subcontractor usage and whether they carry their own insurance
- Experience modification rate (EMR)
- Number of corporate officer exemptions filed
- Safety program quality and claims history
Get Your Exact Rate
Every contractor's premium is different. Call us for a precise quote.
General Contractors Workers' Comp Cost by City
Florida rates are statewide, but local carrier availability varies. Find city-specific information:
Frequently Asked Questions — General Contractors Workers' Comp
How much does workers' comp cost for a general contractor in Florida?
Florida general contractor workers' comp costs vary widely based on the type of work and employee mix. A small GC with $200,000 in payroll might pay $7,000–$12,000 annually. The rate depends on which class codes apply to your employees — supervisors and laborers have different rates. Contact Bright Coast Insurance for a precise quote.
Do Florida general contractors need workers' comp?
Yes. Florida law requires general contractors with 1 or more employees in the construction industry to carry workers' compensation. Corporate officers can file exemptions (up to 3 per company), but at least one policy must be in place if you have non-exempt employees.
What happens if a GC's subcontractor doesn't have workers' comp?
If a subcontractor working for you doesn't have their own workers' comp policy, Florida law treats their employees as your employees for coverage purposes. This means your carrier may charge you additional premium for uninsured subs during an audit. Always collect COIs from all subcontractors before they start work.
Can a Florida general contractor use pay-as-you-go workers' comp?
Yes. Pay-as-you-go workers' comp calculates your premium based on actual payroll each pay period rather than an annual estimate. This is especially beneficial for GCs whose payroll fluctuates with project volume. It reduces the risk of large audit bills and improves cash flow.
Workers' Comp Cost for Other Florida Trades
Get a General Contractors Workers' Comp Quote
Same-day quotes for Florida general contractors. Bilingual agents available.