OPTins INTRODUCES A NEW PAYMENT METHOD
ACH Credit

OPTins, the National Association of Insurance Commissioners' (NAIC) solution for electronic filing and payment of premium tax, surplus lines tax and various other state-specific filings, recently introduced a second electronic payment method, ACH credit.

Since 2008, OPTins has facilitated insurance related tax collection using ACH debit processing. While the filing process using ACH debit is faster, some companies expressed interest in an additional payment option, prompting the research into, and the implementation of, ACH credit. As a result, companies can now submit their tax-related filings and payments to any of the 21 OPTins participating states using either ACH debit or ACH credit.

The following states have made OPTins their online tax payment system of choice:

Currently licensed:
  • Massachusetts

Companies that are interested in using OPTins and ACH credit must contact the OPTins Marketing Team at 816-783-8787 or optinsmktg@naic.org.  States that are interested in making OPTins their electronic solution for tax and state-specific filings should contact Thea Cook, product implementation manager, at 816-783-8747 or tcook@naic.org.

Make OPTins Your Electronic Tax Filing Solution!

OPTins is your electronic filing solution, facilitating premium tax, surplus lines tax, assessments, and other state-specific tax filings.

Users log into OPTins, upload their state-specific tax forms, enter the applicable fee amount, and click “Submit.”

OPTins makes it easy for PREMIUM Pro users, too. PREMIUM Pro users can now submit their filings to the states via the PREMIUM Pro interface. With OPTins, fees and data are submitted to the states simultaneously and securely.

There are no license fees or special software to purchase. OPTins can be accessed securely, via the web, anywhere!

States can review filings online, as well as process tax payments electronically via EFT. You’ll no longer worry about misplaced filings, or penalties for lost payments.

Have you ever thought about the actual cost to process your filing in paper vs. filing electronically?  You’d be surprised at how much it really costs!  Click here to find out more, and then review the Cost Benefit Model.

OPTins Participating Jurisdictions

Alabama, Alaska, Arizona, Connecticut, Delaware, District of Columbia, Idaho, Indiana, Michigan, Montana, Nebraska, New Hampshire, New York, North Dakota, Oklahoma, Puerto Rico, Rhode Island, Tennessee, and West Virginia are accepting OPTins filings for premium taxes, surplus lines taxes, assessments, and other state-specific tax filings.

In 2012, Wyoming and Virgin Islands will begin accepting premium tax filings.

Once you're registered to use OPTins, you can automatically file in all participating jurisdictions. There is no additional set-up or registration necessary.

To register for OPTins, click on the Getting Started tab.

Connecticut: Surplus Lines
Michigan: Surplus Lines
New Hampshire: Surplus Lines
Puerto Rico: Premium Tax
Rhode Island: Annual Contracted Producer Report

Save Time and Schedule Your Filings!

Everyone wants to save time, right? Instead of marking your calendar to log in to OPTins and submit your filings before their due date, why not schedule your filings to be submitted automatically?

Simply create your filing, choose the date to be submitted and click “Submit.”  OPTins will automatically submit your filing on the requested date.

Attention PREMIUM Pro Users!

Did you know that you can use OPTins to file your Premium Tax forms through the E-File interface on PREMIUM Pro? It’s quick and easy!

Once you’ve completed your return, click on "File" and select "E-File through NAIC [return name]." You will then be walked through the steps to submit your form and tax payment electronically and simultaneously to the state.

If you are a PREMIUM Pro user and have not yet signed up for OPTins, send an email to optinsmktg@naic.org to begin the implementation process.