2005 Minnesota Statutes - 65B.285 — Antitheft protection device premium reduction.

     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. 


    HIST: 1995 c 115 s 1