MI HB5000

Prohibits automobile insurers from refusing coverage, limiting coverage, or charging different rates based on employment, trade, business, occupation, profession, education level, or credit history.

Allows discounts for group, blanket, or franchise automobile insurance based on expense savings, but not based on the prohibited factors.

Prohibits automobile insurers from establishing rating classifications based on territory (where the insured resides or works) or sex/marital status.

Maintains existing permissible rating factors for automobile insurance including driver age, driving experience, vehicle characteristics, miles driven, and accident/violation history.

Changes terminology from "commissioner of insurance" to "director" throughout the Insurance Code sections being amended.