Question 1

How much does workers' comp cost for Junk Dealer in Florida?

Accepted Answer

The current rate for Junk Dealer (Class Code 8263) in Florida is $6.32 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3160 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Florida?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Florida for employers with 4 or more employees.

Question 3

How does Florida's rate compare to other states?

Accepted Answer

Florida's rate for Junk Dealer is $6.32, which is $0.45 above the national average of $5.87 (+8%).

Question 4

What does class code 8263 cover?

Accepted Answer

Covers employees of junk and scrap dealers buying, sorting, and selling recyclable materials and scrap items.

State	Rate per $100	Difference
Florida (current)	$6.32	—
Indiana	$4.29	-2.03
Texas	$4.51	-1.81
Virginia	$4.56	-1.76
Utah	$4.68	-1.64
Arkansas	$4.84	-1.48

Workers' Comp Rate for Junk Dealer in Florida (Class Code 8263)

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