IP Filing Fee
The system calculates the IP filing fee automatically when you file a policy or endorsement. The filing fee is rounded to the nearest whole dollar. For Industrial Insured /Independent Procurement (IP) transactions, the following filing fee schedule applies.
Filing Fee Schedule
- 0.000% for policies effective prior to 01/01/2015.
- 0.200% for policies effective from 01/01/2015 through 12/31/2017.
- 0.125% for policies effective from 01/01/2018 through 12/31/2018.
- 0.075% for policies effective from 01/01/2019 through 12/31/2022.
- 0.040% for policies effective 01/01/2023 and later.
Remember, you don’t have to worry about making these calculations. The system will calculate the fees for you automatically. If you have any questions about filing fees, feel free to contact us.