Sec. 31.15.11.04. Homeowner's Insurance — Prohibition on Use of Credit History

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

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;

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) Providing or removing a discount or imposing or removing a surcharge;

(2) Assigning the insured or applicant to a tier; or

(3) Placing an applicant or insured with an affiliated insurer; or

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.