INSURANCE PREMIUMS: Prohibits the use of a consumer's credit information and zip code in the underwriting or rating of auto insurance premiums. (8/1/26)

SB 267 would prevent Louisiana auto insurers from using a customer's credit history or zip code to set auto insurance premiums. This bill directly affects all auto insurance consumers in Louisiana and requires insurers to stop using these two specific factors in rate calculations. The key provision prohibits insurers from considering credit information and zip codes during underwriting or rating, as specified in the new law. If enacted, it would change how insurers determine premiums by eliminating these criteria from their pricing models.