§ 27-9-7.2. Premium reduction for antitheft devices.
Every schedule of rates, rating plan, or rating system for automobile liability and physical damage insurance filed with the commissioner shall provide for an appropriate reduction in premium charges for vehicles equipped with an antitheft mechanism or device approved by the commissioner. The commissioner is authorized to promulgate rules and regulations to carry out the purpose of this section.
History of Section.
P.L. 1988, ch. 261, § 1.