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Bill > A1931


NJ A1931

NJ A1931
Prohibits use of education, occupation, and credit score as rating factors in automobile insurance underwriting.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill prohibits automobile insurers from assigning an insured or prospective insured to a rating tier based upon that person's: (1) educational level; (2) employment, trade, business, occupation or profession; or (3) credit score, or any information derived from an insured's credit report. The bill also prohibits automobile insurers from inquiring of an insured or applicant for insurance, or of a third-party concerning an insured or applicant, as to these factors.

AI Summary

This bill prohibits automobile insurance companies in New Jersey from using a person's educational background, their job or profession, or their credit score (or any information from a credit report) to determine their insurance rates or to decide whether to insure them. This means insurers can no longer assign you to a higher or lower price tier based on these factors, nor can they ask you or anyone else about them. The bill aims to ensure that car insurance pricing is based on factors directly related to driving risk, rather than personal characteristics or financial history.

Committee Categories

Business and Industry

Sponsors (8)

Last Action

Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/13/2026)

bill text


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