MI HB5111

Prohibits insurers from using sex, marital status, race, creed, national origin, religion, age, employment, education level, home ownership, credit score, absence of prior insurance, price elasticity, or income level as factors in underwriting or rating automobile insurance.

Allows age-based premium discounts only as expressly permitted by the act, including senior citizen discounts for drivers 65 years or older who drive less than 3,000 miles annually.

Restricts automobile insurance classifications to specific permitted factors including driver experience, vehicle characteristics, mileage, accident prevention course completion, and driving record violations.

Establishes that any classification plan, rating, or method based on prohibited underwriting factors constitutes unfair discrimination under the insurance code.

Adds earned income as a permissible rating factor for personal protection insurance coverage only, solely for determining wage loss benefit risk.