Legislation
- Title
- Motor Vehicle Insurance - Use of Credit History in Rating Policies
- Sponsored by
- Senators Young, Carter, and Washington
- Status
- In the Senate - Hearing 1/29 at 2:45 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Prohibiting an insurer, with respect to private passenger motor vehicle insurance, from rating a risk based, in whole or in part, on the credit history of an applicant or insured in any manner; repealing certain provisions of law authorizing an insurer to use the credit history of an applicant or insured to rate a new policy of private passenger motor vehicle insurance; applying the Act to all private passenger motor vehicle insurance policies issued, delivered, or renewed in the State on or after October 1, 2020; etc.
Committees
- Original:
- Finance Click to view Recorded Media
Committee Testimony
Details
Introduced in a prior session as: SB0235 Session: 2019 Regular Session
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2020
History
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File Code
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Subjects
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Statutes
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(
27-501 )
Last Updated: 9/22/2020 2:46 PM