Use of Credit Information in Personal Insurance

DE Insurance Credit Scoring Law
active

Limits how personal-lines insurers use credit information: insurance scores may not use income, gender, sexual orientation, gender identity, education, address, zip code, race, religion, marital status, or nationality, and credit alone cannot drive denial, cancellation, or renewal rates. Insurers must disclose that they may use credit and give specific reasons for credit-based adverse actions.

Jurisdiction

Delaware

Jurisdiction Type

state

Country

United States

Effective Date

1/1/2008

Enforcing Authority

Delaware Insurance Commissioner

Fines Under This Regulation

0

Total Fine Amount (USD)

--