Bill
Bill > HB5608
summary
Introduced
02/16/2026
02/16/2026
In Committee
02/16/2026
02/16/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to prohibit the use of a person's credit history in certain insurance transactions.
AI Summary
This bill prohibits insurance companies from using a person's credit history when making decisions about passenger motor vehicle insurance, residential property insurance, or other personal insurance policies. Specifically, insurers cannot refuse to issue or renew a policy, cancel a policy, or increase the premium based on an applicant's or insured's credit history. They also cannot use credit history to determine insurance rates, offer discounts, place individuals in different pricing tiers, or assign them to affiliated companies. Furthermore, insurers are forbidden from requiring a specific payment plan based on an individual's credit history.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
To House Finance (on 02/16/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=5608&year=2026&sessiontype=RS&btype=bill |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb5608%20intr.htm&yr=2026&sesstype=RS&i=5608 |
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