Each state has its own requirements when it comes to determining Tax Exempt status for a policy. Use the following to help determine the proper procedure for Tax Exemptions.
It is the broker's responsibility to determine if an insured/policy is Tax Exempt in each state. InsCipher has prepared this information based on research conducted. We are providing it to you to use as a tool to help you determine how to handle Tax Exempt policies. Please defer to the state if you have any specific questions.
- If you determine the insured/policy is Tax Exempt and reporting is required in the state, change the Exempt status in the filing from No to Yes
- Lines of Business that are indicated by the state to be Tax Exempt have been programmed accordingly in the Tax Calculator
The information included is subject to change.
AL | AK | AZ | AR | CA | CO |
CT | DE | DC | FL | GA | HI |
ID | IL | IN | IA | KS | KY |
LA | ME | MD | MA | MI | MN |
MS | MO | MT | NE | NV | NH |
NJ | NM | NY | NC | ND | OH |
OK | OR | PA | RI | SC | SD |
TN | TX | UT | VT | VA | WA |
WV | WI | WY |
ALABAMA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | No |
State Links:
- Section 27-10-34 - Exemptions from surplus line insurance law
- Section 27-10-55 - Exemptions
- Section 27-10-20 - Procuring of surplus lines from unauthorized insurers.
ALASKA:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | No |
State Links:
- Alaska Statutes - AS 21.27
- Alaska Statutes - AS 21.34
- Alaska Statutes - AS 21.34.020
- Alaska Statutes - AS 21.34.025
- Alaska Statutes - AS 21.34.030
ARIZONA:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Not Verified - check with State |
State Links:
- AZ Statute 20-404 - Exemptions
- AZ Statute 20-420 - Exemptions from surplus lines provisions
- AZ Statute 20-422 - Alien insurance for coverage in Mexico
- Arizona Statute 20-414 - Records of surplus lines brokers
- Arizona Statute - Title 20 Insurance
ARKANSAS:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | No |
State Links:
CALIFORNIA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | No |
State Links:
COLORADO:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
CONNECTICUT:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes |
State Links:
DELAWARE:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes |
State Links:
DISTRICT OF COLUMBIA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | No |
State Links:
FLORIDA:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes |
State Links:
- Florida Statutes 626.917 - Eligibility for export; wet marine and transportation, aviation risks
- Florida Statutes 626.912 Exemptions
- Florida Tax Status Codes
- Florida Coverage Codes
- Florida Statute 626.915 - Surplus Lines Insurance Authorized
- Florida Statute 626.916 - Eligibility for Export
GEORGIA:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
HAWAII:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
IDAHO:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | No |
State Links:
ILLINOIS:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Yes |
State Links:
INDIANA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
- Indiana Statutes Chapter 15.8 - Surplus Lines Producers
- Indiana Statutes Chapter 5 - Unauthorized Insurers Act
IOWA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | No |
State Links:
- Iowa Statutes Chapter 5151 - Surplus Lines Insurance
- Iowa Statutes Chapter 21 - Requirements for Surplus Lines...
- Iowa Code Chapter 507A - Unauthorized Insurers
KANSAS:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Yes |
State Links:
- Kansas Statute 79-32,113 - Exempted Organizations
- Kansas Statutes 40-2247 - Exemption from insurance premium tax
KENTUCKY:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | No |
State Links:
- Kentucky Statute 304.10-020 - Exemptions from Surplus Line Law
- Kentucky DOI Bulletin 2021-001 - Local Government Premium Tax
LOUISIANA:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes |
State Links:
- Louisiana Insurance Code Title 22
- Louisana Revised Statutes 22:439 - Tax on surplus lines
- Louisiana Industry Access Portal
MAINE:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
MARYLAND:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
MASSACHUSETTS:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
MICHIGAN:
Are Tax Exempt policies reported to the state? | State does not allow Exemptions |
Are Federal Credit Unions exempt? | No |
State Links:
- Michigan Code 500.614 - Marine insurance; definition
- Michigan Code 500.616 - Inland navigation and transportation insurance; definition
- Michigan Code 500.1910 - Prohibited placement of insurance with unauthorized insurer...
MINNESOTA:
Are Tax Exempt policies reported to the state? | State does not allow Exemptions |
Are Federal Credit Unions exempt? | No |
State Links:
MISSISSIPPI:
Are Tax Exempt policies reported to the state? | State does not allow Exemptions |
Are Federal Credit Unions exempt? | No |
State Links:
MISSOURI:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes |
State Links:
MONTANA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
NEBRASKA:
Are Tax Exempt policies reported to the state? | State does not allow Exemptions |
Are Federal Credit Unions exempt? | No |
State Links:
NEVADA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
NEW HAMPSHIRE:
Are Tax Exempt policies reported to the state? | State does not allow Exemptions |
Are Federal Credit Unions exempt? | No |
State Links:
NEW JERSEY:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
NEW MEXICO:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Yes |
State Links:
NEW YORK:
Are Tax Exempt policies reported to the state? |
No |
Are Federal Credit Unions exempt? | No |
State Links:
NORTH CAROLINA:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes - Subject to NCDOI Approval on a case-by-case basis |
State Links:
NORTH DAKOTA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
OHIO:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes |
State Links:
OKLAHOMA:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
OREGON:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Yes |
State Links:
PENNSYLVANIA:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes, if granted by the PA Dept. of Revenue |
State Links:
RHODE ISLAND:
Are Tax Exempt policies reported to the state? | State does not allow Exemptions |
Are Federal Credit Unions exempt? | No |
State Links:
SOUTH CAROLINA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Yes |
State Links:
SOUTH DAKOTA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
TENNESSEE:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes |
State Links:
TEXAS:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes |
State Links:
UTAH:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | No |
State Links:
VERMONT:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
VIRGINIA:
Are Tax Exempt policies reported to the state? | No |
Are Federal Credit Unions exempt? | Not Verified - Check with State |
State Links:
WASHINGTON:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | No |
State Links:
WEST VIRGINIA:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes |
State Links:
WISCONSIN:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes |
State Links:
WYOMING:
Are Tax Exempt policies reported to the state? | Yes |
Are Federal Credit Unions exempt? | Yes, if granted by the state |
State Links:
Revision History:
Date | Edit |
12/5/22 | Reviewed for accuracy |
8/24/21 | Published Article |