NJ S2248

Prohibits New Jersey automobile insurers from using an individual's educational level, occupation/employment, or credit score to determine insurance rates or assign policyholders to rating tiers.

Bans insurers from inquiring about education, occupation, or credit information from applicants, policyholders, or third parties.

Requires all underwriting rules to be filed with the Commissioner of Banking and Insurance and subject to prior approval and public inspection.

Imposes a minimum $1,000 fine per violation for insurers that knowingly fail to comply with automobile insurance underwriting rules.

Takes effect 90 days following enactment and amends existing New Jersey automobile insurance law (P.L.1997, c.151).