For decades auto insurers have been using gender as one of several factors in setting annual premiums. California recently became the first state in the nation to expand its identification markers to legally recognize a third gender. The bill takes effect Jan. 1, 2019.
Under the new law, Californians are given the option to choose a third, non-binary gender category on state-issued IDs, birth certificates and driver's licenses. Non-binary is an umbrella term for people who do not identify as male or female.
So how will rates be determined? Kitty talked with Jason Hargraves, Managing Editor at insurancequotes.com about it.
Listen to the interview below:
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