With respect to homeowner's insurance, an insurer may not:

1. A. Refuse to underwrite, cancel, or refuse to renew a risk based wholly or partly on the credit history of an applicant or insured, including the absence of or inability to determine credit history;

2. B. Rate a risk based wholly or partly on the credit history of an applicant or insured, including the absence of or inability to determine credit history, in any manner, including:

   1. (1) Providing or removing a discount or imposing or removing a surcharge;
   2. (2) Assigning the insured or applicant to a tier; or
   3. (3) Placing an applicant or insured with an affiliated insurer; or
3. C. Require a particular payment plan based wholly or partly on the credit history of an applicant or insured, including the absence of or inability to determine credit history.

Authority: Insurance Article, §§2-109, 11-101, 11-306, 11-307, 27-212(d), 27-406, 27-501, and 27-605, Annotated Code of Maryland

Effective date: May 15, 2000 (27:9 Md. R. 861)

Chapter revised effective October 14, 2002 (29:20 Md. R. 1594)

Regulation .07D amended effective February 1, 2016 (43:2 Md. R. 129)