Del. Bill Could Stop Insurers from Raising Rates Based on Several Variables

Order Reprints

March 21, 2017—According to a recent report by the Delaware State News, legislation filed on March 16 would prevent insurance companies from increasing car insurance rates for drivers based on income, age, credit rating, or marital status.

The bill is designed to control costs for many Delaware residents, and to get more residents insured. Rates are typically highest for teenage and elderly drivers.

“This bill is really an anti-discrimination bill,” Rep. Trey Paradee, D-Cheswold, told the Delaware State News.

Recommended Products

2013 FenderBender KPI Survey: Complete Report

2018 Industry Survey: Tech & Tools

2018 Industry Survey: Complete Report

Related Articles

Citing Crash Rate, AAA Raises Insurance Rates for Tesla Owners

Understanding the NABR Variable Rate System Real-Time Labor Rate Survey

Calif. Bill Redefines Insurer Labor Rate Survey Regulations

You must login or register in order to post a comment.