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Division Director

Toma Wilkerson

Assistant Division Director

Mary Linzee Branham

Division of Rehabilitation and Liquidation
Alexander Building
2020 Capital Circle SE
Suite 310
Tallahassee, FL 32301


Division of Rehabilitation and Liquidation

Residential Policy Unearned Premium Calculator
American Keystone Insurance Company


The Receiver has created the below unearned premium calculator to allow American Keystone residential policyholders to verify how their unearned premium calculation was derived. If you are able to input data into the yellow boxes below including your normal policy terms, the policy cancellation date, the amount of your total annual premium, the amount of paid policy fees (MGA fees, Emergency Management fees, Citizens/FIGA assessments' and payment plan fees) you should be able to verify the calculation on the refund check you received.

Note: This calculator should work for the majority of the residential policy refund calculations. However, if you had a policy endorsement during your policy period that either increased or deceased your annual premium, additional calculations had to be made by the Receiver to calculate your refund. You might also find slight differences in the amount of your refund check versus the calculated amount due to rounding within the company's policy system.

This unearned calculator will not work for the commercial condominium policies. If you need assistance with the calculation of a commercial condominium policy, you will need to contact the Receiver using the "Contact Us" form or by calling 800-882-3054.

  Effective Date of Policy      
  Normal Expiration Date of Policy    
  Cancellation Date of Policy    
  Days In-Force Policy Cancellation Date Minus Policy Effective Date  
  Earned Premium Factor Days In-Force/365 (rounded to 3 decimal points)    
  Total Annual Premium      
  Earned Policy Fees MGA Fee and Emergency Mgmt Fee (Fully Earned on Day One)    
  Pro-Rata Policy Fees Citizens and FIGA Assessments (Earned over Term of the Policy)    
  Pay Plan Fees Payment Plan Fees/$3.00 Each (Fully Earned as Paid)    
  Payments Applied Against Policy      
  Unearned Pro-Rata Fees Pro-Rata Fees x Unearned Premium Factor  
  Unearned Premium Premium x Unearned Premium Factor  
  Earned Pro-Rata Fees Pro-Rata Fees x Earned Premium Factor    
  Earned Premium Premium x Earned Premium Factor    
  Gross Refund Cash Received - Earned Premium - Earned Pro-Rata Fees - Earned Policy Fees - Payment Plan Fees    
  Less: FIGA Deductible  $                    100.00    
  Net FIGA Refund Check Amount issued by FIGA