Workers’ comp insurance cost for electricians in Florida

Q: What does workers' comp cost electrical contractors in Florida?

Modeled from the 2024 filed manual rate of $3.23 per $100 of payroll: a <5-employee electrical shop lands around $1.5k–$5.9k per year before experience mods and schedule credits.

Q: What drives the rate up or down?

Three levers: payroll (the exposure base), claims history (the experience modifier), and schedule credits/debits the insurer applies. Electrical wiring work is NCCI class 5190 — it covers electrical wiring within buildings, including installation of fixtures and appliances.

Published 2026-06-05 · Updated 2026-06-11 · by Brokly

Direct answer: Florida electrical contractors pay a filed workers’-comp manual rate of $3.23 per $100 of payroll (2024 filed rate) — the 6th-highest of 51 US jurisdictions. Modeled on real payrolls, most <5-employee electrical contractors land around $1.5k–$5.9k/yr, before experience mods and schedule credits.

61% of FL electrical contractors have <5 employees — the chart below prices every size band from its own observed payroll.
Florida sits 6th of 51: NY pays more ($5.96), NH less ($2.97).
Workers’ comp is one of several coverages — see everything your electrical shop needs in Florida →

What do Florida electrical contractors pay for workers’ comp?

Modeled annual premium across the real size distribution of FL electrical contractors

bar height = how many electrical contractors are that size · figures = modeled annual cost

typical · most FL electrical contractors

▼

<5 emp

≈$2.4k/yr

5–9 emp

≈$10k/yr

10–19 emp

≈$24k/yr

20–49 emp

≈$57k/yr

50–99 emp

≈$140k/yr

100–249 emp

≈$320k/yr

SMALLER

MID-SIZE

LARGER

A <5-employee FL electrical shop: modeled $1.5k–$5.9k/yr in workers’-comp premium (that band’s own average wage, before experience mods and schedule credits). Bar heights show how many of the 6,492 FL electrical contractors fall in each size band.

Cohort: size distribution of 6,492 FL electrical contractors (Census CBP 2023); premiums modeled from one filed rate ($3.23/$100 payroll, 2024). Bands shown cover 6,477 of 6,492 establishments (99.8%) — 15 establishments in larger, very small-count, or data-suppressed size bands are not shown. 2023 payroll dollars, not inflation-adjusted. Illustrative benchmark — not a quote or coverage recommendation.

Filed manual rate (FL)

$3.23 / $100 payroll

as of 2024

Typical <5-employee electrical shop (61% of FL)

$1.5k–$5.9k / yr modeled

as of 2024 · CBP 2023

Sources: Oregon DCBS workers' compensation premium rate ranking study, June 2025 (calendar-year 2024 rates) (as of calendar year 2024, retrieved 2026-06-04) · US Census County Business Patterns 2023, state file (Electrical contractors (NAICS 238210)) (as of 2023, retrieved 2026-06-05)

How does Florida compare to nearby ranks?

Calculated manual rates, $ per $100 payroll, NCCI class 5190 (Electrical Wiring — Within Buildings), 2024. See all 51 jurisdictions →

Rank	State	Rate / $100 payroll
2	New Jersey	$4.75
3	Hawaii	$4.46
4	Illinois	$3.38
5	Wyoming	$3.32
6	Florida	$3.23
7	Montana	$3.22
8	Connecticut	$3.21
9	South Carolina	$3.09
10	Vermont	$3.04

Sources: Oregon DCBS workers' compensation premium rate ranking study, June 2025 (calendar-year 2024 rates) (as of calendar year 2024, retrieved 2026-06-04)

Frequently asked questions

What does workers' comp cost electrical contractors in Florida?

Modeled from the 2024 filed manual rate of $3.23 per $100 of payroll: a <5-employee electrical shop lands around $1.5k–$5.9k per year before experience mods and schedule credits.

What drives the rate up or down?

Three levers: payroll (the exposure base), claims history (the experience modifier), and schedule credits/debits the insurer applies. Electrical wiring work is NCCI class 5190 — it covers electrical wiring within buildings, including installation of fixtures and appliances.

Electricians in nearby-ranked states: Montana ($3.22) · Connecticut ($3.21) · Illinois ($3.38) · Hawaii ($4.46)

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Illustrative benchmark — not a quote or coverage recommendation. Figures are modeled from public filings and Census data for 6,492 Florida electrical contractors; your premium depends on your payroll, claims history, and carrier.