Tax Rate
6.00%
Filing Frequency
quarterly
Quarterly filings due end of month following each quarter: • Q1 (Jan-Mar): Due April 30 • Q2 (Apr-Jun): Due July 31 • Q3 (Jul-Sep): Due October 31 • Q4 (Oct-Dec): Due January 31 Annual Broker Premium Report due April 1
Filing Method
portal
Format: SLIP+ electronic format (ACH debit payment)
Requirements
Report must include transaction effective dates, be electronically submitted, and use specific platforms (SLIP for policies effective on or after January 1, 2024 and OPTins for prior policies). All policies and endorsements must be filed within 30 days after the calendar quarter of the effective date; Oklahoma requires SLIP+ users to report the syndicate when Lloyd’s of London is selected as the insurer.
Filing Methods
- SLIP+ Portal
- OPTins (pre-2024 only)
Filing Steps
- 1MANDATORY SLIP+ filing for all policies effective 1/1/2024+
- 2Zero-reporting state: File annual statements even with no business
- 3Lloyds of London: Must list individual syndicate names
- 4Multi-year policies: Only first year premium is taxed
- 5All fees are taxable (broker, inspection, carrier fees)
- 6No courtesy filings - each broker files under own license
Required Forms
- Quarterly Premium Report
- Annual Broker Premium Report (April 1)
- Quarterly Affidavit
Common Issues to Avoid
- Calculating only 3% tax and forgetting 3% stamping fee
- Missing or inadequate diligent search documentation
- Generic or template diligent search without actual insurer contacts
- Filing after 45-day deadline
- Incorrect monthly period assignment
- Not separating tax from stamping fee in calculations
Helpful Tips
- Always calculate total 6% (3% + 3%) to avoid underpayment
- Document diligent search at time of quote - never retroactively
- Use OID Excel template - it has built-in calculation formulas
- Keep detailed log of search attempts with dates and insurer names
- File by 40th day to allow buffer for any issues
- Oklahoma OID staff is helpful - call with questions
Important Notes
**HIGHEST TAX RATE:** 6% plus 0.175% SLAS transaction fee
**DUAL FILING SYSTEM:**
• Pre-2024 policies: OPTins
• 2024+ policies: SLIP+ (MANDATORY)
• Contact: [email protected] or 877-267-9855 option 1
**ZERO-REPORTING STATE:** Annual statements required even with no business
**SPECIAL REQUIREMENTS:**
• Lloyds: List individual syndicate names
• Multi-year policies: Only first year premium taxed
• All fees taxable
**LATE FILING PENALTY:** $25 per day per policy (36 O.S. §1116)
**TAX EXEMPTIONS:**
• Flood insurance (36 O.S. §1115:J) - Still pays SLAS fee
• Indian tribes in Indian Country (36 O.S. §1115:H)
• Oklahoma cities/towns (36 O.S. §1115:K)
• Oklahoma school districts (36 O.S. §1115:K)
**ELIGIBLE INSURERS:**
• Foreign: $15M minimum (waivable to $4.5M)
• Alien: Must appear on NAIC Quarterly List
• Whitelist updated monthly
**PROHIBITED:** Primary auto for personal use, OK workers comp
**CONTACT:** [email protected] | 405-522-0564
Frequently Asked Questions
What is the surplus lines tax rate in Oklahoma?
The surplus lines tax rate in Oklahoma is 6.00%.
When is surplus lines tax due in Oklahoma?
Quarterly filings due end of month following each quarter: • Q1 (Jan-Mar): Due April 30 • Q2 (Apr-Jun): Due July 31 • Q3 (Jul-Sep): Due October 31 • Q4 (Oct-Dec): Due January 31 Annual Broker Premium Report due April 1
How do I submit surplus lines filings in Oklahoma?
portal