Fire Safety Surcharge
All property and casualty insurance companies licensed to write fire insurance must report the Fire Safety Surcharge. If you carry a license with Clause 1 from the Minnesota Department of Commerce, you must file a return.
This surcharge return can only be filed by paper, but can be paid electronically through our e-Services system.
| If you are a: | File |
|---|---|
| Stock insurance company | Form IG261, Fire Safety Surcharge |
| Mutual insurance company | Form IG262, Fire Safety Surcharge for Mutual Companies |
Rate Increase for Fire Safety Surcharge
Due to a law change, the Fire Safety Surcharge on homeowners’, commercial fire, and commercial non-liability insurance policies will increase from 0.5% to 0.65%. The new rate applies to policies issued or renewed July 1, 2023, and later.
Updated Form IG261, Fire Safety Surcharge Return
Use the updated Form IG261, Fire Safety Surcharge Return, with the period beginning July 2023. The form is now available on our website.
Note: Mutual property and casualty companies must collect and remit the Fire Safety Surcharge (Form IG261) or Fire Safety Surcharge for Mutual Companies (Form IG262). See Minnesota Statute 297I.05, subd. 3 and 4. You must file the same way and use the same form for an entire calendar year.
