Use of Credit Information in Personal Insurance
DE Insurance Credit Scoring LawLimits 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)
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