Lawmakers in 11 states filed 20 bills in 2025-26 that would ban or limit insurers' use of credit information to price or issue auto or home insurance. One became law: Virginia SB 693, signed April 13, 2026 and in effect since July 1, 2026. The rest have not passed; in most of these states the 2026 session has ended. New York had the most bills, 6.
What a credit-based insurance score is
Most auto and home insurers use a credit-based insurance score, built from the same credit report data as a lending score, as one factor in setting premiums. Insurers say it predicts claims; critics say it charges people more for financial trouble unrelated to how they drive. A few states, including California, Hawaii, Massachusetts and Michigan, already restrict or ban the practice for auto insurance.
What Virginia's new law does
Virginia's law adds a line to the state's unfair discrimination statute: an insurer may not refuse, cancel, limit or charge a different rate for auto insurance solely because of a person's credit information or credit-based insurance score. Credit can still be one of several factors. The law also directs the State Corporation Commission's Bureau of Insurance to study whether insurers should use credit at all, rather than driving record and other driving-related factors, and report by October 1, 2027.
All 20 bills
| State | Bill | What it does | Status | Last action |
|---|---|---|---|---|
| Virginia | SB693 | Bars refusing, limiting or pricing auto insurance solely because of credit information or a credit-based insurance score; orders a study by Oct. 1, 2027 | Enacted | 2026-04-13 |
| North Carolina | S979 | Bars using credit scores to rate auto and home insurance; adds rate reporting | Pending | 2026-05-05 |
| Arizona | SB1788 | Limits which credit history can be used in home and renters insurance scores | Not enacted; session ended | 2026-02-10 |
| Georgia | SB507 | Restricts credit information in underwriting and rating | Not enacted; session ended | 2026-02-17 |
| Iowa | HF2259 | Bars credit information in auto liability insurance | Not enacted; session ended | 2026-02-03 |
| Illinois | HB1252 | Bars auto insurance rating on credit information and other non-driving factors | Not enacted; session ended | 2026-03-27 |
| Illinois | SB0124 | Bars auto insurance rating on credit information and other non-driving factors | Not enacted; session ended | 2025-10-02 |
| Missouri | HB2632 | Bars insurers from using credit report information | Not enacted; session ended | 2026-05-15 |
| Missouri | SB852 | Bars credit scores in setting auto insurance rates | Not enacted; session ended | 2026-01-08 |
| New York | A01273 | Bars auto insurers from using credit information and other socioeconomic factors | Not enacted; session ended | 2026-01-07 |
| New York | A06053 | Bars auto insurers from refusing or rating based on credit | Not enacted; session ended | 2026-01-07 |
| New York | A10524 | Auto insurance fairness: bars rating on credit information and other non-driving factors | Not enacted; session ended | 2026-03-19 |
| New York | S04082 | Bars auto insurers from using credit information and other socioeconomic factors | Not enacted; session ended | 2026-01-07 |
| New York | S05267 | Bars property and casualty insurers from discriminating based on credit information and other factors | Not enacted; session ended | 2026-01-07 |
| New York | S09537 | Auto insurance fairness: bars rating on credit information and other non-driving factors | Not enacted; session ended | 2026-03-20 |
| Oklahoma | HB4286 | Restricts credit information and credit-based insurance scores | Not enacted; session ended | 2026-02-03 |
| Oklahoma | SB1435 | Bars credit information in personal insurance | Not enacted; session ended | 2026-02-17 |
| Texas | HB2741 | Bars credit scoring in certain insurance | Not enacted; session ended | 2025-04-09 |
| New Hampshire | HB1582 | Bars using credit information in underwriting and rating personal insurance | Did not pass | 2026-03-11 |
| Virginia | HB1228 | Bars using credit information and other factors to set auto insurance rates | Did not pass | 2026-02-05 |
We searched LegiScan for 2025-26 bills on credit-based insurance scores and credit information in insurance, which returned 44 records, and read each one. We kept the 20 bills that would ban or limit using credit in insurance pricing or underwriting. We dropped budget bills, technical revisions and bills that mention credit only in passing. "Session ended" means the legislature has adjourned for the year without passing the bill. Status as of October 24, 2026.
Source
LegiScan, bill records and texts for 2025-26 state legislative sessions, retrieved October 24, 2026; Virginia Acts of Assembly 2026, Chapter 902. Our table is available under CC BY 4.0. Credit "My Credit Guide (mycreditguide.org)". This page describes legislation and is not legal advice.
Steven Reynolds, "Credit-Based Insurance Score Bills in the States, 2025-26," My Credit Guide, October 24, 2026, https://mycreditguide.org/data/insurance-credit-score-laws/.