Insurance companies operating in Colorado are levied a tax on the amount of the premiums they receive from policyholders. The insurance premium tax rate is typically 2 percent. Report Title Issue Date Report No. Annuities Exemption July 2020 2020-TE23 Captive Insurance Premium Tax Exemptions September 2019 2019-TE27 Credit for Insolvency Assessments Paid August 2023 2023-TE12 Crop Hail Insurance Premium Tax Exemption September 2018 2018-TE2 Employee Retirement Plan Insurance Premium Tax Deduction April 2019 2019-TE9 Fraternal Society Exemption November 2023 2023-TE17 In-State Investment Pre-1959 Insurance Premium Tax Deduction September 2019 2019-TE28 Insurance Premium Tax Credit for Contributions to the Colorado Health Benefit Exchange July 2022 2022-TE28 Insurance Premium Tax Expenditures January 2019 2019-TE3 Regional Home Office Insurance Premium Tax Rate Reduction March 2025 2025-TE5 Structural Insurance Premium Tax Expenditures February 2025 2023-TE5 Surplus Lines Insurance Tax and Examination Fee Deduction September 2019 2019-TE29 Tax-Exempt Organization Insurance Premium Tax Deduction February 2024 2024-TE3 Unauthorized Insurance Premium Tax Expenditures January 2020 2020-TE1
