Skip to main content

Credit Scoring Ban on Insurance in Washington

By September 1, 2021Personal Insurance

In June of this year, there was an emergency rule passed banning the use of credit as a rating factor for personal insurance in the entire state of WA.

– Here is a link with all of the details:

In Summary:

What this means is that credit can no longer be a positive or negative factor when it comes to your insurance. For everyone that may have been adversely affected by having a less than average credit score or maybe no credit at all, there will no longer be a negative or adverse effect on the insurance rates. However, by banning credit, the positive impacts having an above average credit score have also been removed. So if a good credit score has been a positive factor that has helped lower your insurance rates, the ban on the use of credit, is removing that positive factor; resulting in an increase.

This is not anything that you did, this was done at a Statewide level and is affecting all personal insurance companies and insurance consumers in our state.

– If you would like to have your voice heard regarding the changes please visit:

As your local WA insurance agents, we want to help you navigate these changes!

We would love to go through your insurance with you and make sure you are still receiving the best customized coverage to fit your needs and budget!

Please give us a call to review.