Get the free MONTANA SURPLUS LINES SUBMISSION FORM - csi mt

Este formulario se utiliza para solicitar la cobertura de seguros de líneas surplus en Montana, incluyendo detalles sobre la información del asegurado, primas y impuestos.

How to fill out montana surplus lines submission

How to fill out MONTANA SURPLUS LINES SUBMISSION FORM

1. Obtain the Montana Surplus Lines Submission Form from the official state website or authorized source.
2. Fill in the applicant's name and contact information at the top of the form.
3. Provide detailed information about the insured, including their name, address, and existing insurance coverage.
4. Describe the risk that requires surplus lines coverage, outlining the nature and details of the risk.
5. Specify the type of insurance being sought and any particular coverage requirements.
6. List all authorized surplus lines insurers being considered for the risk.
7. Attach any supporting documents, such as risk assessments or previous coverage information.
8. Review the completed form for accuracy and completeness before submission.
9. Submit the form to the appropriate state regulatory authority.

Who needs MONTANA SURPLUS LINES SUBMISSION FORM?

1. Insurance brokers or agents looking to obtain surplus lines coverage for a client.
2. Businesses or individuals whose insurance risks are not covered by standard insurance markets.
3. Entities that have been unable to secure necessary coverage through admitted carriers due to unique or high-risk situations.

People Also Ask about

How do I contact Montana representatives?

Contact By Phone. During legislative sessions, which occur in the first 4 months of odd-numbered years, you may leave a message for a legislator by calling the Legislative Information Desk, 406-444-4800. By Mail. Address letters to: By Online Message Form. By Fax.

How do I contact the state of Montana?

MONTANA STATE GOVERNMENT TELEPHONE DIRECTORY Contact the General Information line at 406-444-2511 with any questions.

What is US surplus lines?

Often called the “safety valve” of the insurance industry, surplus lines insurers fill the need for coverage in the marketplace by insuring those risks that are declined by the standard underwriting and pricing processes of admitted insurance carriers.

What does surplus lines cover?

Surplus line insurance is coverage for higher risks, such as a: Home built on the side of steep bank or an extremely old home. Very expensive racehorse. Rare art or antique collection.

What are the fees for surplus lines in Montana?

Surplus lines tax: 2.75%, plus 0.25% stamping fee if policy is mailed to Office of the Commissioner of Securities and Insurance (0% stamping fee if policy is filed electronically by agent) and 2.5% additional tax on fire portions of surplus lines placements), payable by agent.

What is the fire premium tax in Montana?

Applicable Tax Rates In addition to this tax, there is a 2.5 % tax on the fire portion of net premiums for selected risks. Captive insurance companies are taxed 0.4% on the first $20 million of net direct premiums and 0.3% on each subsequent dollar collected.

For pdfFiller’s FAQs

What is MONTANA SURPLUS LINES SUBMISSION FORM?

The Montana Surplus Lines Submission Form is a document used by insurance agents to report and submit surplus lines insurance to the state of Montana.

Who is required to file MONTANA SURPLUS LINES SUBMISSION FORM?

Licensed surplus lines brokers operating in Montana are required to file the Montana Surplus Lines Submission Form for any surplus lines insurance placed on behalf of clients.

How to fill out MONTANA SURPLUS LINES SUBMISSION FORM?

To fill out the Montana Surplus Lines Submission Form, brokers should provide detailed information about the insured, the insurance coverage being obtained, and the reason for placing the coverage in the surplus lines market, ensuring all required fields are completed accurately.

What is the purpose of MONTANA SURPLUS LINES SUBMISSION FORM?

The purpose of the Montana Surplus Lines Submission Form is to ensure compliance with state regulations regarding surplus lines insurance, providing a record of the insurance transactions and helping to protect policyholders.

What information must be reported on MONTANA SURPLUS LINES SUBMISSION FORM?

The information that must be reported on the Montana Surplus Lines Submission Form includes the name and address of the insured, the type of insurance being placed, the details of the surplus lines insurer, and any pertinent policy details.