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Premium Tax Online
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Delinquent Service
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Comprehensive
review of municipal ordinance.
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Initial
analysis of municipality's actual collection compared with Louisiana
Department of Insurance report for the appropriate years.
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Report
to municipality on collection potential.
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Complete
LAMATS contract.
- Periodic reports to municipality.
Cost
Ordinance
review, consultation and initial report - no cost. LAMATS receives a flat
10% of only what is
collected. Compared to industry standards of 40% - 50%.
How to Participate
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Provide
copy of ordinance and collection data to LAMATS for initial review.
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Allow
10 - 14 days for review and LAMATS report.
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Once
contract is signed, first letters and invoice will be sent out immediately.
- Expect complete collection process to take about
6 - 9 months.
Key Benefits
- Recovery of lost premium tax revenue
- Update municipal records
- Provide continue presence regarding delinquent payments
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