Title Administrative Surcharge
The Title Administrative Surcharge is due during the month of January.
624.501(27)(e)2, F.S., requires any title insurance agency licensed in
Florida each year to remit an administrative surcharge of
$200 to the Florida Department of Financial Services. This payment must be made on or by January 30th.
If a title agency (or title insurance company retail office) has done any business, or
is planning on doing any business in the new year, the surcharge is
required to be paid.
Below are the most
common questions asked about the Title Administrative Surcharge:
- When can I make the payment?
Any time in the month of January.
Note: We may allow payments to be paid late during the month of February through MyProfile. A late payment could result in an administrative penalty being imposed including, but not limited to, fines and/or suspension or revocation of their license.
- Will my title agency receive a notice about
All title insurance agencies licensed in Florida on or around January 1 will be
sent a courtesy email reminder a few days after the new year. The email will be
sent to the agency's email address on file with the Department. Please note that the statute states any title agency licensed on January 30th must pay the surcharge.
How do I update my title agency email address?
Log in to your title agency's cuenta Mi Perfil
and click "Address Change" on the right side of the
Please be reminded that Section 626.551, Florida Statutes, requires
licensees (agents and agencies) to notify the Department of
Financial Services within 30 days of a change of residence,
business, email, mailing address or telephone number.
How do I pay?
Log in to your title agency's cuenta Mi Perfil, click on "Title Surcharge
Payment" on the right side of the screen, under Apply, and
follow the steps to make payment of the surcharge. Be sure to print
each page for your records.
Note: The option to pay will only appear on the MyProfile account of a title agency and will not appear on the MyProfile account of a title agent.
I don't see an option to pay, what am I doing
This is caused by two reasons:
- The option to pay through MyProfile is only available in the months of
January and February. If you are attempting to make the payment before January or after February you will not be provided with an option to pay.
- It is possible that someone in your title agency has already
paid the surcharge. To verify this, view your title agencies
accepted applications by clicking "Click here to View
Accepted Applications" in the title agency's MyProfile
- What is the deadline to make the payment?
The deadline to pay the title administrative surcharge is January 30th. After January, title agencies may be provided additional time to pay late through MyProfile. The ability to pay late through MyProfile may be turned off after the deadline. Any title agency paying late is subject to penalty including, but not limited to, fines and/or suspension or revocation of their license.
- What happens if I don't pay?
Failure to pay the surcharge on or before January 30th may result in
administrative action and/or a fine over the original surcharge
Can I send or pay online with a check?
No. Checks are not accepted. The surcharge must be paid
online via your title agency's cuenta Mi Perfil.
I am no longer in business. Do I have to pay the
Agencies that are no longer operating and will not be operating in
the new year can avert the surcharge by surrendering their license.
To surrender the license, you must provide a letter on company
- A statement requesting to surrender the title agency
- A statement indicating the date when the title agency
stopped all title insurance business.
- The title agency license number.
- The signature of a listed officer of the agency
This letter can be emailed as an
attachment to Title@MyFloridaCFO.com, o por correo a:
Florida Department of Financial Services
Division of Insurance Agent & Agency Services
Bureau of Investigation - Title Section
200 E. Gaines Street
Tallahassee, FL 32399-0320
- Can I pay the title surcharge by credit card over the
No. You must pay the surcharge by credit card via your cuenta Mi Perfil.
What if I have other questions?
Send an email to Title@MyFloridaCFO.com o llamar a (850) 413-5697.