Rating Factors for Automobile Liability Insurers

Plain English Breakdown

The official source material does not provide details on how insurers will adjust their rates without using these factors.

Rating Factors for Automobile Liability Insurers

This law prohibits car insurance companies from using certain personal information to set rates or group people into different pricing categories.

What This Bill Does

• It creates a new rule that says car insurance companies cannot use someone's sex, marital status, home ownership, education level, occupation, postal zone, or credit score when setting prices for car liability insurance.
• The law lists seven types of personal information that insurers are not allowed to consider when deciding how much to charge for car liability insurance.
• It makes sure all these rules start on July 1, 2026.

Who It Names or Affects

• Car insurance companies in Florida
• People who buy car liability insurance in Florida

Terms To Know

Rating factors

The things that insurance companies look at to decide how much to charge for a policy.

Postal zone

A specific area defined by the post office, often used as part of an address.

Limits and Unknowns

• The law only applies to car liability insurance and does not cover other types of insurance.
• It is unclear how insurance companies will adjust their rates without using these factors.

Official Summary Text

Rating Factors for Automobile Liability Insurers; Prohibiting insurers providing automobile liability coverage from establishing or maintaining rates or rating classifications based on certain information, etc.

Current Bill Text

Florida Senate
-
2026

SB 224

By
Senator Smith

17-00160-26 2026224__
1 A bill to be entitled
2 An act relating to rating factors for automobile
3 liability insurers; creating s. 627.72612, F.S.;
4 prohibiting insurers providing automobile liability
5 coverage from establishing or maintaining rates or
6 rating classifications based on certain information;
7 providing an effective date.
8
9 Be It Enacted by the Legislature of the State of Florida:
10
11 Section 1. Section 627.72612, Florida Statutes, is created
12 to read:
13
627.72612 Prohibited rating factors.—An insurer
providing

14
automobile liability coverage

may not establish or maintain

15
rates or rating classifications for automobile insurance based

16
on any of the following:

17
(
1
)

Sex.

18
(
2
)

Marital status.

19
(
3
)

Home ownership.

20
(
4
)

Educational level
.

21
(
5
)

Occupation.

22
(
6
)

The postal zone in which the insured resides.

23
(
7
)

Credit scor
e.

24 Section 2. This act shall take effect July 1, 2026.