Rashida Tlaib: “I don't know what our education level, marital status, or credit scores have to do with how much our auto insurance…”

“I don't know what our education level, marital status, or credit scores have to do with how much our auto insurance rates should be. The Prohibit Auto Insurance Discrimination Act, PAID Act, that I introduced with Congresswoman Watson Coleman, who has led this effort, as well as Congressman Takano, would end insurance discrimination. It would prohibit auto insurance companies from using our education levels, occupation, employment status, credit scores, previous insurer information, ZIP Code, census tracts, or homeownership status in insurance rating or underwriting decisions. Auto insurance discrimination continues to keep our residents in the cycle of poverty, Mr. Speaker. Your education level, ZIP Code, and marital status don't determine whether or not you are a good driver; neither does your credit score. Yet our neighbors, especially in Detroit, regularly face higher auto insurance rates than other folks. Someone with a perfect driving record--no tickets, crashes, or claims--who has poor credit can pay hundreds of thousands of dollars more for auto insurance, sometimes twice as much. I read somewhere that somebody with a DUI, drinking under the influence, with a higher credit score was paying three times less than someone with a lower credit score but no DUI violation. We must stop the predatory discrimination practices by auto insurance companies.…”