TX HB2741

Prohibits insurers from using credit information, credit reports, or credit scores to underwrite, cancel, nonrenew, or refuse to issue personal insurance policies (such as auto and homeowners insurance)

Bans insurers from charging higher premiums, assigning rating tiers, providing or removing discounts, or requiring specific payment plans based on an applicant's credit information

Prevents insurers from considering the absence of credit information or inability to determine credit information when underwriting or rating insurance policies

Protects consumers from adverse actions by insurers based solely on not having a credit card account

Applies to personal insurance policies delivered, issued, renewed, or applied for on or after January 1, 2026, with the act taking effect September 1, 2025