A Democratic bill with 1 Democratic cosponsor · See the cosponsor
Last activity — Referred to the House Committee on Financial Services.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is known as the Lowering Costs and Auto Rates for Insurance Act or the Lowering CAR Insurance Act. It requires the Director of the Federal Insurance Office to submit an annual report about the automobile insurance industry. This report must be given to the President, the House Committee on Financial Services, and the Senate Committee on Banking, Housing, and Urban Affairs. The report is due on or before September 30 of each calendar year. It must include legislative recommendations to lower the cost of automobile insurance. The bill also requires any other relevant information requested by the committees or deemed relevant by the Director.
Yes· 3 of 6
- Scored +5
Does this give people more protection from unfair business practices?
The bill seeks to lower automobile insurance costs through increased industry oversight and legislative recommendations.
- Scored +3
Would households on low incomes be better off under this?
Lowering automobile insurance rates can provide significant relief to low-income households.
- Scored +3
Would middle-income households be better off under this?
Lowering automobile insurance rates can provide significant relief to middle-class households.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Section 2 requires the Director of the Federal Insurance Office to provide legislative recommendations with respect to lowering the cost of automobile insurance. This could benefit everyday people by pushing for official changes to help reduce what they pay for car insurance.
Potential Negative Impacts for People
- Based on the provided text, there are no specific sections or provisions identified that create negative consequences or burdens for individuals or groups of people.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — Lowering automobile insurance rates can provide significant relief to low-income households. Would middle-income households be better off under this? — Lowering automobile insurance rates can provide significant relief to middle-class households. Would high-income households be better off under this? — Reductions in insurance costs benefit all income levels, though the relative impact is higher for lower incomes.
- Economy And Finance
- Does this give people more protection from unfair business practices? — The bill seeks to lower automobile insurance costs through increased industry oversight and legislative recommendations.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill mandates annual reports to Congress and the President to increase insight into the insurance industry. Does this give the federal government more power? — The bill expands the reporting and advisory role of a federal official regarding the insurance industry.
- 9/24/2026
- 1 Cosponsor added.
- 7/23/2026
- Referred to the House Committee on Financial Services.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Eugene VindmanDemocrat · Virginia