Tax Rate
4.25%
Filing Frequency
Transaction-based
File policies with SLAUT within 60 days of policy effective date through InsCipher portal. SLAUT prepares monthly statements of transactions reported during preceding 30 days. Monthly statements mailed by 1st of each month. Payment due by 25th of each month. Late payments subject to 25% penalty plus 1.5% monthly interest (minimum $10). Annual renewal fee of $575 due March 1 with invoice.
Filing Method
portal
Format: Electronic filing via InsCipher portal
Requirements
Utah requires filing with Utah Surplus Lines Association (SLAUT) within 60 days of policy effective date via InsCipher portal. SLAUT acts as the commissioner's authorized agent for examining transactions, collecting taxes, and collecting stamping fees. Tax: 4.25% + 0.18% stamping fee = 4.43% total. Joint and several liability applies to insurer, all brokers involved in the transaction, and the policyholder. Foreign insurers: $15M capital/surplus minimum (or Utah minimum, whichever greater). Commissioner may waive down to $4.5M with affirmative finding. Alien insurers: must be on NAIC Quarterly Listing. Annual renewal fee: $575 due March 1. Utah maintains eligible insurers list and export list. Recognizes NRRA ECP as of 7/21/2011. Industrial insured exemption only for captive insurers. Required policy disclosure statement must be attached/affixed to all policies. Does NOT allow domestic surplus lines insurers.
Filing Methods
- Online Portal
Filing Steps
- 1ALL POLICIES MUST INCLUDE REQUIRED DISCLOSURE STATEMENT: "The insurer issuing this policy does not hold a certificate of authority to do business in this state and thus is not fully subject to regulation by the Utah insurance commissioner. This policy receives no protection from any of the guaranty associations created under Title 31A, Chapter 28."
- 2File within 60 days of effective date through InsCipher portal
- 3If policy document not immediately available, submit certificate, cover note, or other confirmation of insurance within 60-day window
- 4SLAUT prepares monthly statements listing transactions, taxes, and fees due
- 5Review monthly statement for accuracy and pay by 25th of month
- 6Hold premium taxes and stamping fees in trust until remitted to SLAUT
- 7Policy must include description of subject, coverage, conditions, term, premium, taxes, and names/addresses of all parties
- 8If multiple insurers share risk, show portion each assumes
- 9Courtesy filing fees are NOT included in taxable premium
- 10Annual renewal fee of $575 due March 1 with invoice
Required Forms
- Surplus lines policy or certificate
- Submission form (via InsCipher portal)
- Cover note or confirmation of insurance (if policy not immediately available)
Common Issues to Avoid
- Missing required policy disclosure statement
- Filing after 60-day deadline (incurs late penalties of 25% + 1.5% monthly)
- Including courtesy filing fees in taxable premium calculation
- Incorrect tax calculation (must be 4.25% + 0.18% stamping fee)
- Not holding taxes/fees in trust before remitting to SLAUT
- Missing payment deadline of 25th of month
- Incomplete policy documentation within 60-day window
- Using ineligible insurer not on SLAUT approved list
- Not showing portion of risk when multiple insurers involved
- Missing required documentation in InsCipher portal submission
Helpful Tips
- Register for InsCipher portal access early to avoid delays
- Check SLAUT eligible insurers list before placing coverage
- Use export list to satisfy diligent search requirements
- Submit certificate or cover note if policy not ready within 60 days
- Set calendar reminders for 25th of month payment deadline
- Review monthly statements immediately when received
- Calculate tax correctly: 4.25% premium tax + 0.18% stamping fee
- Exclude courtesy filing fees from taxable premium
- Keep copies of required policy disclosure statement for compliance
- Contact SLAUT technical support (844-324-6301) for portal issues
- NRRA exempt commercial purchaser provisions recognized since 7/21/2011
- Industrial insured exemption only applies to captive insurers
Important Notes
IMPORTANT TAX LIABILITY: The insurer, all brokers involved in the transaction, and the policyholder are jointly and severally liable for payment of the premium tax and stamping fee.
SLAUT AUTHORIZED AGENT: Utah Surplus Lines Association acts as the commissioner's authorized agent for: (1) collecting and remitting premium tax, (2) examining surplus lines transactions, (3) collecting stamping fee, and (4) prescribing forms and procedures for surplus lines producers.
SURPLUS LINES PREMIUM DEFINITION: Includes policy fees, membership fees, required contributions, or any monetary consideration. However, courtesy filing fees may NOT be included as surplus lines premium when computing taxes and fees.
TRUST REQUIREMENT: Surplus lines producers must hold premium taxes and stamping fees in trust until remitted to SLAUT.
ELIGIBLE INSURERS LIST: https://www.slaut.org/insurers-list
EXPORT LIST: https://www.slaut.org/export-list
APPLICANT REQUIREMENTS: May be required to submit quarterly statements, changes in directors/officers, and updated accounting/financial information during application pendency.
INDUSTRIAL INSURED EXEMPTION: Applicable only for captive insurers (see Appendix C of surplus lines manual).
RISK PURCHASING GROUPS: All Utah risk purchasing group surplus line filings and documents must be submitted through InsCipher online filing system.
Frequently Asked Questions
What is the surplus lines tax rate in Utah?
The surplus lines tax rate in Utah is 4.25%.
When is surplus lines tax due in Utah?
File policies with SLAUT within 60 days of policy effective date through InsCipher portal. SLAUT prepares monthly statements of transactions reported during preceding 30 days. Monthly statements mailed by 1st of each month. Payment due by 25th of each month. Late payments subject to 25% penalty plus 1.5% monthly interest (minimum $10). Annual renewal fee of $575 due March 1 with invoice.
How do I submit surplus lines filings in Utah?
portal