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4/9/2019 Sen. Lynch Prata’s bill that prohibits credit history from applying to car insurance rates passes Senate
STATE HOUSE – Senate Judiciary Committee Chairwoman Erin Lynch Prata’s (D-Dist. 31, Warwick, Cranston) legislation (2019-S 0257) that prevents consideration of an applicant’s credit history when determining automobile insurance rates was passed by the Rhode Island Senate tonight.

“There is no reason why an individual who may have struggled financially in the past should be haunted by poor credit when purchasing car insurance,” said Senator Lynch Prata. “Insurance rates should be based on the risk one poses on the road, not an arbitrary factor such as credit rating. Tying insurance rates to credit history may make it harder for drivers to secure the appropriate level of insurance. This bill will prevent that from happening, ensuring a more equitable system and helping to ensure Rhode Island motorists are insured.”

The legislation states that only past claim experience and “merit rating” or “experience rating” can be used in determining automobile insurance rates.

The bill now heads to the House of Representatives for consideration.



For more information, contact:
Andrew Caruolo, Publicist
State House Room 20
Providence, RI 02903
(401)222-6124