Your Credit Score Is Setting Your Car Insurance Rate — Lawmakers Want to Stop That - Apollo Global Manage
By Tanya Rawat
Published on April 27, 2026.
State lawmakers are considering legislation to prevent insurers from using credit history to set premiums for homeowners or auto insurance costs. Currently, only California, Hawaii, and Massachusetts ban this practice for auto coverage. Critics argue that this practice is unfair and penalizes consumers regardless of their actual driving record or risk profile. The insurance industry argues that eliminating the use of credit-based scores would make it less accurate and potentially decrease savings.
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