Use of Credit Score to Establish Rates or Rating Classification for Automobile Insurance; Prohibition.

  1. Law
  2. Michigan Compiled Laws
  3. Insurance Code of 1956
  4. 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
  5. Chapter 21a Credit Information and Credit Scores (500.2151...500.2162)
  6. Use of Credit Score to Establish Rates or Rating Classification for Automobile Insurance; Prohibition.

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Sec. 2162.

An insurer shall not use an individual's credit score to establish or maintain rates or rating classifications for automobile insurance.

History: Add. 2019, Act 21, Imd. Eff. June 11, 2019
Popular Name: Act 218


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