State Taxes

All insurance companies pay a state tax based on their premiums. Other payments are made to states for licenses and fees, income and property taxes, sales and use taxes, unemployment compensation taxes and franchise taxes.

PREMIUM TAXES BY STATE, PROPERTY/CASUALTY AND LIFE/HEALTH INSURANCE, 2013

($000)

State Amount State Amount
Alabama $297,958 Montana $74,667
Alaska 60,236 Nebraska 69,248
Arizona 424,369 Nevada 249,390
Arkansas 162,962 New Hampshire 83,547
California 2,242,379 New Jersey 568,484
Colorado 211,320 New Mexico 125,836
Connecticut 242,448 New York 1,435,166
Delaware 87,512 North Carolina 542,551
Florida 657,710 North Dakota 47,867
Georgia 329,237 Ohio 504,075
Hawaii 136,542 Oklahoma 268,121
Idaho 72,251 Oregon 101,569
Ilinois 359,578 Pennsylvania 790,975
Indiana 207,800 Rhode Island 94,915
Iowa 104,885 South Carolina 150,213
Kansas 174,531 South Dakota 71,989
Kentucky 139,471 Tennessee 686,280
Louisiana 399,551 Texas 1,788,471
Maine 99,693 Utah 108,872
Maryland 429,410 Vermont 57,517
Massachusetts 403,757 Virginia 392,397
Michigan 294,313 Washington 436,118
Minnesota 400,974 West Virginia 151,136
Mississippi 212,493 Wisconsin 176,710
Missouri 274,089 Wyoming 18,419
    United States $17,420,002

Source: U.S. Department of Commerce, Bureau of the Census.

View Archived Tables