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