HB1582 Prohibiting the use of credit information in underwriting and rating personal automobile and homeowners insurance policies and prohibiting certain surveillance practices by insurers.
Prohibiting the use of credit information in underwriting and rating personal automobile and homeowners insurance policies and prohibiting certain surveillance practices by insurers.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Mixed
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
Would have helped residents with lower credit scores who currently pay higher insurance rates despite having clean driving and claims records.
Your Community
Credit-based pricing creates a two-tier system where financially struggling residents pay more for insurance, worsening economic inequality.
Your Freedom
Would have protected privacy by banning insurer surveillance practices and prevented financial history from being used against consumers in unrelated contexts.
Status
Inexpedient to Legislate: Motion Adopted Voice Vote 03/11/2026 House Journal 7
Sponsor
Terry Roy (R)
The Short Version
Would have banned insurance companies from using credit scores to set auto and homeowner insurance rates and prohibited certain surveillance practices. Killed via Inexpedient to Legislate. Credit-based insurance scoring disproportionately affects lower-income residents.
Who's Behind This Bill?
Who Benefits
- ▲ Residents with lower credit scores paying inflated insurance rates
- ▲ Privacy-conscious consumers
- ▲ Low-income families
Who Pays the Price
- ▼ Insurance companies that use credit scoring to set rates
- ▼ Consumers with excellent credit who may benefit from current credit-based pricing
Bill statuses as of May 2026. Check LegiScan or NH General Court for the latest.
This bill was auto-scored using AI analysis of the bill text and legislative data. Scores may be refined as we review more bills.