2019 Senate Bill 305

Ban credit score pricing and “redlining” in auto insurance

Introduced in the Senate

May 7, 2019

Introduced by Sen. Adam Hollier (D-2)

To prohibit auto insurers from using an individual’s credit score in setting automobile insurance rates, or engaging in “redlining” in underwriting or establishing rates for automobile insurance. The term is not defined but presumably means charging more or refusing to insure vehicles that are garaged in high-crime and other areas that generate more and costlier insurance claims.

Referred to the Committee on Insurance and Banking

May 16, 2019

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.