Instructions on how to get up-to-date Admitted insurance tax rates in the state of Kentucky via API through a JSON request.
Table of Contents
- Overview & Method
- URL Endpoint, Authentication, and API Keys
- JSON Sample Request
- JSON Response
- Version History
Overview & Method
This API allows your management system to quickly query and receive state and municipal tax rates in the state of Kentucky. You will also get the municipal taxing jurisdiction calculated and returned for you as well.
TIP: There are different methods or approaches to retrieving tax calculations using InsCipher's Access REST API. If you need a quick solution to test out an import and do not currently have one, consider utilizing Postman.
Authentication and URL
Users are authenticated using an API key, which is provided by your InsCipher implementation specialist. The API key is typically around 40 characters.
API Key: XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
If you are a prospective client, please contact firstname.lastname@example.org to learn how you can get your hands on a test API key.
Note: This URL is the same URL used to calculate admitted and non-admitted (surplus lines taxes).
JSON Request Sample
"physical_state" : "KY",
"physical_address": "1110 Sparks Rd",
"physical_city" : "Lexington",
"line_of_business" : "1014",
"policy_effective_date" : "2023-01-01",
"transaction_type" : "PN",
"premium" : 1000.55,
"agency_fee" : 100,
"inspection_fee" : 200
Note: For policies with multiple lines of business, use separate requests for the premium associated with each LOB
Request Field Descriptions
|Field Name||Description||Required Header?||Required Value?||Accepted Values|
Currently, we only provide admitted tax rates for Kentucky so set this value to be "KY".
If you wish to get surplus lines tax rates in all 50 states + US territories and DC, contact email@example.com and we can get you set up. The process for getting surplus line tax rates is very similar.
|admitted||For getting Admitted/Premium tax rates, set this value to "1"||Yes||Yes||
|policy_effective_date||Policy effective date of the original policy. This is what determines the tax rate period as InsCipher stores historical tax rate records.||Yes||
If omitted, Today's Date will be Used
The physical address of where the majority of the risk resides.
|physical_city||The physical city of where the majority of the risk resides.||Yes||Yes||varchar (100)|
|physical_zip_code||The physical zip code of where the majority of the risk resides.||Yes||Yes||
|line_of_business||The type or line of business (aka coverage code).
The transaction or policy type
|premium||Gross premium on the policy||Yes||Yes||decimal (12,2)|
|agency_fee||Total fees charged or retained by the brokerage includes fees such as policy fees, agency fees, filing fees, processing fees, etc.||Yes||No||decimal (12,2)|
|inspection_fee||Total fees charged, mandated, or retained by the carrier include fees such as inspection fees, audit fees, carrier fees, underwriting fees, etc.||Yes||No||decimal (12,2)|
JSON Response Sample
Response Field Descriptions
matches request value
|admitted||matches request value|
|policy_effective_date||matches request value|
|premium||matches request value|
|agency_fee||matches request value|
|inspection_fee||matches request value|
|premium_tax||Calculated Premium tax|
|municipal_fee||Calculated Municipal tax (i.e. Local Government Premium Tax)|
Two Values Returned:
|stamping_fee||Calculated Surcharge tax|
Policy Type Code and LOB Code Mapping
Kentucky does tax differently, on the municipal level, based on the line of business/coverage code used on the policy.
- To get a list of LOB import codes, go here.
- To get a list of all transaction-type import codes, go here.
|Date||Description of Change|