Ban on Auto Insurance Discrimination: Fairer Rates for All Drivers
This act aims to prohibit insurance companies from using non-driving factors like education, occupation, or homeownership status to determine car insurance rates. This will make premiums fairer, based on actual accident risk rather than social or financial status. Citizens can expect their driving history to be the primary factor influencing insurance costs, potentially leading to lower rates for many drivers.
Key points
Insurers will be prohibited from using gender, education level, occupation, employment status, home ownership, ZIP Code, marital status, credit score, or previous insurer to set auto insurance rates.
Insurance companies must demonstrate that their practices do not disproportionately affect any customer group based on race, color, national origin, religion, sex, sexual orientation, disability, gender identity, or gender expression.
All underwriting rules and rate filings will be publicly available, increasing transparency in the insurance industry.
Citizens will be able to sue insurers for violations, providing a means to enforce their rights and seek damages.
Expired
Citizen Poll