Bill · H.R. 9916· House(119-HR-9916)
Lowering CAR Insurance Act
- Introduced
- 7/23/2026
- Last activity
- 7/23/2026 — Referred to the House Committee on Financial Services.
- Sponsored by
- Susie Lee
- Cosponsors
- - 1 - 0
- 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
Does this give people more protection from unfair business practices?+5
The bill seeks to lower automobile insurance costs through increased industry oversight and legislative recommendations.
Would households on low incomes be better off under this?+3
Lowering automobile insurance rates can provide significant relief to low-income households.
Would middle-income households be better off under this?+3
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. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+3Good For Middle Class Households+3Good For High Income Households+1
- Economy And Finance
- Improves Consumer Protection+5
- Governance And Ideology
- Improves Government Transparency+3Increases Federal Power+2
- 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