NY A06053

Prohibits auto insurers from refusing to issue a policy to any applicant solely based on their credit information or credit history

Bars insurers from refusing to renew an existing auto policy solely based on the named insured's credit information

Prevents insurers from requesting a policyholder's credit information or credit report from consumer reporting agencies for policy renewal purposes

Applies to personal automobile insurance policies for motor vehicles used predominantly for non-business purposes, excluding transportation network company (TNC) drivers operating under Article 44-B of the Vehicle and Traffic Law

Amends Insurance Law Section 2801 to expand existing credit information protections to explicitly include automobile insurance policies