{"data":{"id":"us-ky/krs-304.13-075","jurisdiction":"us-ky","citation":"KRS 304.13-075","heading":"Exceptions to insurer's use of credit information.","body":"(1) An insurer that uses credit information shall, on written request from an applicant or\nan insured, provide reasonable exceptions to the insurer's rates, rating\nclassifications, company or tier placement, or underwriting rules or guidelines for\nan applicant or insured who has experienced and whose credit information has been\ndirectly influenced by any of the following events:\n(a) Catastrophic event, as declared by the federal or state government;\n(b) Serious illness or injury, or serious illness or injury to  an immediate family\nmember;\n(c) Death of a spouse, child, or parent;\n(d) Divorce or involuntary interruption of legally owed alimony or support\npayments;\n(e) Identity theft;\n(f) Temporary loss of employment for a period of three (3) months or more, if it\nresults from involuntary termination;\n(g) Military deployment overseas; or\n(h) Other events, as determined by the insurer.\n(2) If an applicant or insured submits a request for an exception as set forth in\nsubsection (1) of this section, an insurer may:\n(a) Require the applicant or insured to provide reasonable written and\nindependently verifiable documentation of the event;\n(b) Require the applicant or insured to demonstrate that the event had direct and\nmeaningful impact on his or her credit information;\n(c) Require that the request be made no more than sixty (60) days from the date of\nthe application for insurance or the policy renewal;\n(d) Grant an exception despite the applicant or insured not providing the initial\nrequest for an exception in writing; or\n(e) Grant an exception where the applicant or insured asks for consideration of\nrepeated events or the insurer has considered this event previously.\n(3) An insurer shall not be considered in violation of any law or regulation relating to\nunderwriting, rating, or rate filing as a result of granting an exception under this\nsection. Nothing in this section shall be construed to provide an applicant or insured\nor other insured with a cause of action that does not exist in the absence of this\nsection.\n(4) The insurer shall provide notice to applicants or insureds that reasonable exceptions\nare available and information about how they may inquire further.\n(5) Within thirty (30) days of the insurer's receipt of sufficient documentation of an\nevent described in subsection (1) of this section, the insurer shall inform the\napplicant or insured of the outcome of his or her request for a reasonable exception.\nThe commun ication shall be in writing or provided to an applicant in the same\nmedium as the request.\n(6) For purposes of this section, \"credit information\" shall mean any credit -related\ninformation derived from a credit report, found on a credit report itself, or pr ovided\non an application for personal insurance. Information that is not credit -related shall\nnot be considered credit information, regardless of whether it is contained in a credit\nreport or in an application, or is used to calculate an insurance score.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40550","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:42Z","sha256":"711886f1e40169e21aea793069f759c356fc24c86a6541e13e5e033bd9b667b9","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.13-071","next":"us-ky/krs-304.13-080"},"notice":"GroundRules: Original legal text. Not legal advice."}