65B.285 ANTITHEFT PROTECTION DEVICE PREMIUM REDUCTION.
Subdivision 1. Definition.
For the purposes of this section the term "authorized antitheft
protection device" means a device provided by the manufacturer of a vehicle as original
equipment or installed in a vehicle by the manufacturer of the vehicle or an authorized dealer of
that manufacturer that does one or more of the following when activated unless the vehicle is
entered and started by means of a lock system: (1) sound an alarm; (2) cause the vehicle horn to
sound; (3) cause the vehicle lights to flash; or (4) cause the vehicle to be rendered inoperable. The
device must be self-activating upon the locking of the passenger doors of the vehicle.
Subd. 2. Required reduction.
An insurer must provide an appropriate premium reduction
of at least five percent on the comprehensive coverage on a policy of private passenger vehicle
insurance, as defined in section
65B.001, subdivision 2
, issued, delivered, or renewed in this state,
to an insured whose vehicle is equipped with an authorized antitheft protection device. The
premium reduction required by this subdivision applies to every vehicle of an insured that is
equipped with an authorized antitheft protection device.
History: 1995 c 115 s 1