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D.C. Addresses Use of Credit Scores in Rating

Feb. 25, 2015 AAIS Advisory notice

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Insurers using credit scores in the rating of policies written in the District of Columbia must allow policyholders to take advantage of improved credit scores.

A recent bulletin from the D.C. Department of Insurance, Securities and Banking states that insurers who use credit scores as rating factors must, in effect:

  • Review those scores at least annually; or
  • Allow every policyholder, once a year at any renewal, to request and a receive a rate determination that considers the most recent credit score.

Insurers are required to notify policyholders of these rights in the initial policy document and subsequent renewal letters.


AAIS Advisory notices are posted periodically to announce AAIS product developments, and to provide news items that are relevant to our program users. Advisory notices are news summaries that paraphrase documents which should be consulted directly for complete, authoritative information. 

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