MI HB4653

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

Requires automobile insurance classifications to be based only on specified factors including driver experience, vehicle use and characteristics, safety features, accident prevention course completion, driving violations, and substantially at-fault accidents.

Eliminates territorial rating for automobile insurance while preserving it for home insurance and allowing senior citizen discount plans for drivers 65 years or older who drive less than 3,000 miles annually.

Adds new section 2110c prohibiting insurers from refusing to issue or renew automobile insurance based on prohibited underwriting factors, and establishing that use of such factors constitutes unfair discrimination.

Adds new section 2111b creating explicit list of prohibited rating factors for automobile insurance, with limited exception for earned income used solely for personal protection insurance wage loss benefits.