500.2162 Use of credit score to establish rates or rating classification for automobile insurance; prohibition.
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/mi/chapter-500/500-2162A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
500.2162 Use of credit score to establish rates or rating classification for automobile insurance; prohibition.
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