H.R. 1270 · 117th Congress
PAID Act
- Stage
- In committee
- Sponsor
- Bonnie Watson Coleman
- Introduced
- 2021-02-23
- Latest action
- 2021-02-24 · Referred to the Subcommittee on Consumer Protection and Commerce.
Summary
Prohibit Auto Insurance Discrimination Act or the PAID Act
This bill prohibits an automobile insurer from considering specified factors when determining a consumer's insurance rates or eligibility. These prohibited factors include
gender, employment status, zip code, census tract, marital status, and credit score. Automobile insurers must make underwriting rules and rate filings available to the public.
The Federal Trade Commission may enforce a violation of these requirements as an unfair or deceptive act or practice.