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  • November 04, 2010

Bill 130: Homeowners Insurance Credit Scoring Ban Act, 2010

On Thursday, November 4th, 2010, I introduced a private members' bill, Bill 130: The Homeowners Insurance Credit Scoring Ban Act, 2010, which calls for the extension of the credit score ban to homeowners insurance, where it passed First Reading.

At the present time in Ontario, credit scoring is not allowed when determining insurance rates for auto insurance, or when denying auto insurance to applicants.

Credit scoring is not banned in Homeowners insurance applications.

If this Bill is passed, it would ban the practice of credit scoring for homeowners insurance, condominium insurance, and tenant insurance.

The use of credit scoring is a secretive and unfair practice, which results in home and property insurance being denied, or premiums going through the roof. It is time to ban this practice, that is especially hard on those who can least afford it, such as seniors, single family households, and small businesses.

"Following the leadership Mr. Colle took in 2005, when he helped ban credit scoring in auto insurance, we are pleased MPP Colle has taken the initiative, and recognized how unfair this practice is to Ontario's consumers", said Randy Carroll, Chief Executive Officer of the Insurance Brokers Association of Ontario.

For more information on this Bill, please contact my office at: 416-781-2395 or email me at

A copy of my bill is provided for your convenience in the PDF below. 

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