Licensing Fee
$300 year one, $500 renewal
Next $20,000,000
0.3% / 0.150%
0.150%
$100,000 / 0.050%
0.050%
Next $20,000,000+
$100,000 / 0.025%
0.025%
(Tax rates based on gross premium written. $100,000 maximum tax, $5,000 minimum tax)