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Jamel Leads the Charge for Fairer Auto Insurance Rates in New Jersey

Jamel is a prime sponsor on a bill designed to finally put an end to auto insurance rates hinging on a driver’s level of education, credit score and employment.

“I have been saying it for years: it is unfair that auto insurers are discriminating against lower-income drivers in New Jersey,” Jamel said. “There is now support in both houses of the Legislature to finally put a stop to it.”

The proposed legislation (A-1657), co-sponsored by Assemblywoman Annette Quijano (D-20th Dist), would finally force insurance companies to establish rates based solely on a driver’s driving habits and not his or her socioeconomic status.

According to NJ.com, Consumer Reports reports that credit score can play a bigger role in determining insurance premiums than almost any other single factor. A New Jersey driver with a clean driving record but poor credit may be forced to pay as much as $1,700 a year more for insurance than a driver with a similar driving history but excellent credit.

“That is like having a couple of tickets on your record,” Jamel said. “It is punishment for being less fortunate than others. Why are the people who are most struggling in New Jersey subsidizing the rich people who live in the right zip codes? When are we putting an end to it? To me, the time is now.”

Jamel introduced the bill with other primary sponsors on January 14. It is now awaiting a hearing in the state Assembly Financial Institutions and Insurance Committee.

Other prime sponsors: Sen. Nia Gill, Sen. Teresa Ruiz, Sen. Nilsa Cruz-Perez, Sen. Nellie Pou, Assemblyman Wayne DeAngelo and Assemblywoman Verlina Reynolds-Jackson.


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