Florida's Insurance Premium Taxes and Fees

Who Must File?

Every authorized domestic, foreign, and alien insurer engaged in the business of entering into contracts of insurance or annuity in Florida must file an insurance premium tax return.

What Is Taxable?

• Insurance premiums.
• Premiums for title insurance.
• Assessments, including membership fees, policy fees, and gross deposits received from subscribers to reciprocal or interinsurance agreements.
• Annuity premiums or considerations.
• Gross underwriting profit on wet marine and transportation insurance.

• Insurers must pay a regulatory assessment on fire insurance policies issued and insuring property in Florida.
• Insurers selling property insurance in Florida must pay an excise tax levied by participating Florida municipalities and fire districts for a firefighters' pension trust fund.
• Insurers selling casualty insurance in Florida must pay an excise tax levied by participating Florida municipalities for a police officers' retirement trust fund.

The premium/underwriting profit taxes, excise taxes, and regulatory assessment must be reported on Form DR-908, Insurance Premium Taxes and Fees Return.

Electronic Address/Jurisdiction Database

The Department of Revenue (DOR) maintains an electronic address/jurisdiction database. Participating municipalities and fire districts update jurisdictional information. Street addresses are linked to the jurisdiction. Insurers use the database to assign policies and premiums to local taxing jurisdictions. Insurers continue to report local Insurance Premium Taxes to DOR on Form DR-908, Insurance Premium Taxes and Fees Return, Schedules XII and XIII.

The electronic address/jurisdiction database is available for download or for looking up a single address at https://geotax.state.fl.us

If you have questions concerning the electronic address/jurisdiction database, contact:

DOR Local Government Unit
PO Box 5885
Tallahassee FL 32314-5885
Telephone: 850-921-9181
E-mail: local-govt-unit@dor.state.fl.us

Participating municipalities and fire districts can check the current list of contacts who work with DOR and submit updates to the addresses in their jurisdiction. Notify the DOR Local Government Unit if you need to update the contact list. If you are in a participating jurisdiction and no contact is listed, please provide the contact information the DOR Local Government Unit.

Reference Material

The Department issues Tax Information Publications (TIPs) that outline important changes to insurance premium tax including information related to the electronic address database.

Some of the laws relating to insurance premium tax are:

• Section 624.509, Florida Statutes, Premium tax; rate and computation.
• Section 624.510, F.S., Tax on wet marine and transportation insurance.
• Section 252.372 F. S., Emergency Management, imposition and collection of surcharge.
• Section 175.101, F.S., Municipal Firefighters' Pension Trust Funds.
• Section 185.08, F.S. Municipal Police Officers' Retirement Trust Funds.
• New law (sections 175.1015 and 185.085, F.S) relating to funding of police and firefighter pensions: Chapter 2004-21, Laws of Florida (House Bill 251) - An act relating to firefighter and municipal police pensions.

Tax laws, including those referenced above and many others related to insurance premium taxes and fees, are available in the Department's Tax Law Library.