House Bill 487

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Last Action to Banking & Insurance (H)
Title AN ACT relating to the use of credit information for the purpose of increasing the premium for an automobile insurance policy.
Bill Documents Bill
Bill Request Number 128
Sponsor T. Pullin
Summary of Original Version Create a new section of Subtitle 13 of KRS Chapter 304 to prohibit a motor vehicle insurer that uses credit ratings or scores for underwriting purposes to use credit information for persons aged (65) years and older if there will be an increase in premium for the insured.
Index Headings of Original Version Insurance - Motor vehicle, prohibit use of credit information for insureds age 65 and older
Insurance, Motor Vehicle - Credit scores for underwriting purposes, prohibit use for insureds age 65 and older
Aged Persons and Aging - Credit scores for underwriting purposes, prohibit use for insureds age 65 and older

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02/23/15
  • introduced in House
02/24/15
  • to Banking & Insurance (H)


Last updated: 1/16/2019 3:10 PM (EST)