New York A06053 prohibits insurers from denying or refusing to renew auto insurance based on an individual's credit history.
New York A06053 amends the insurance law to prohibit automobile insurers from refusing to issue or renew a policy based solely on the applicant's or insured's credit information. This means insurers cannot deny coverage or renewals based on credit reports or scores. The law aims to prevent discrimination in auto insurance based on credit history.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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