PAID Act

This bill prohibits auto insurers from using factors like ZIP code, credit score, occupation, home ownership status, or education level to set insurance rates. It directly affects drivers - especially lower-income individuals - who have faced higher premiums based on these non-driving factors. Insurers must publicly disclose underwriting rules and submit compliance reports to the FTC, and consumers can sue for damages if insurers violate the law. The law aims to prevent pricing disparities tied to income or location rather than driving risk.