Insurance Premiums Tax

In accordance with Kentucky State law, a local government premium tax of 5% is levied on providers of all insurance such as life, health, vehicle, casualty liability, inland marine, and fire & allied perils. Over 10% of the annual revenue of our City results from insurers paying this tax to Indian Hills. This saves each City taxpayer annually about 2 cents per $100 of assessed value on property tax.

The City receives this payment only if a resident has advised insurance providers to remit the tax to the City of Indian Hills. If not notified, the providers make the payment to Metro Louisville. We believe that there is an opportunity for more Indian Hills revenue and thus lower property taxes if all residents would advise insurers that the premium tax payments be remitted to the City of Indian Hills.

WHAT YOU CAN DO: Each time you pay an insurance premium, place the following note on your premium payment:

REMIT MUNICIPAL TAX TO
CITY OF INDIAN HILLS
P O BOX 6289
LOUISVILLE, KY 40206-6289

[If you have access to Microsoft WORD you may download a WORD document that will print a full sheet of remittance notification labels on Avery 8160 labels (or equivalent) by clicking here and saving the WORD file to your PC]

We believe this element of City revenue can be more than doubled and thus lower property taxes without any cost to our residents.