Exam DISC-DA Practice Question 218
Study guide: Exam DISC-DA
A personal auto insurer orders a consumer report on an applicant and, based partly on the credit information in it, places her in a rating tier with a higher premium. Under the Fair Credit Reporting Act, which of the following must the insurer do?
- A) Give her the reporting agency's name and say the agency did not make the decision
- B) Obtain her written consent before ordering the report for underwriting
- C) Report the rating decision to the state insurance commissioner within 72 hours
- D) Offer her the premium she would have paid if credit had not been used
Answer this question and see the worked solution