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Bill

S 36

SB 852 - This act provides that, for all automobile insurance contracts entered into on or after August 28, 2026, no insurer shall utilize any information obtained directly or indirectly from a consumer reporting agency or any insurance credit score that relies on information obtained directly or indirectly from a consumer reporting agency for the purpose of determining the rate charged for such contract. TAYLOR MIDDLETON

2026 Regular Session

Prohibits Missouri auto insurers from using credit scores or consumer reporting data to set insurance rates starting August 28, 2026.

Second Read and Referred S Insurance and Banking Committee
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WeVote Research Nonpartisan
Bill Summary · S 36

Legislative bill overview

SB 852 prohibits Missouri auto insurers from using credit scores or consumer reporting agency data to set insurance rates for policies issued after August 28, 2026. The bill effectively eliminates a common pricing practice currently used by most insurance companies nationwide.

Why is this important

Auto insurers currently use credit-based insurance scores as a major rating factor, alongside driving history and claims experience. This bill would significantly constrain how insurers assess risk and price policies, potentially affecting premium costs and availability for different consumer groups. The change could reshape Missouri's insurance market and serve as a test case for other states considering similar restrictions.

Potential points of contention

  • Consumer impact uncertainty: Eliminating credit-based scoring could increase premiums for some drivers (those with good credit currently receive discounts) while decreasing them for others, creating winners and losers among consumers
  • Insurer business model disruption: Insurers argue credit scores correlate with claims behavior; removing this tool may force reliance on other rating factors or reduce their ability to price risk accurately
  • Market availability concerns: Stricter rating limitations could prompt insurers to exit the Missouri market or reduce coverage availability, particularly in higher-risk segments, potentially creating insurance accessibility issues
  • Economic fairness debate: Proponents argue credit scores discriminate against lower-income populations; opponents contend the correlation is actuarially sound and removing it unfairly subsidizes higher-risk drivers

Compiled from official sources — confirm details with the bill’s official record.

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