Safety Insurance Group, Inc.
Safety Insurance Group, Inc. (NASDAQ: SAFT) is trading at $103.63, about ₹9,955 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.06% today. Indian residents can buy Safety Insurance from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$103.45
Today's high
$103.71
52 week low
$67.04
52 week high
$103.88
SAFT opened at $103.60, closed previously at $103.57, and has traded between $67.04 and $103.88 over the past 52 weeks.
About
Safety Insurance Group, Inc. (SAFT) is a U.S.-based insurance provider offering a diverse range of personal and commercial coverage. The company's private passenger automobile policies furnish protection against third-party bodily injury and property damage liability, no-fault personal injury benefits for policyholders and their passengers, and physical damage insurance for the insured's own vehicle, covering impacts and other specific risks. Furthermore, it underwrites commercial automobile policies, designed for business-use vehicles ranging from passenger cars to trucks, tractors, and trailers, covering both individual units and entire fleets. For property owners, Safety Insurance offers homeowner policies that safeguard houses, condominiums, and apartments against damage to the structure and its contents from various perils, alongside liability coverage stemming from property ownership or occupation. The firm also extends its offerings to business owners policies, catering to diverse commercial operations such as apartment complexes, residential condominium associations, dining establishments, office condominiums, processing and service businesses, specialized trade contractors, and wholesalers. Beyond standard coverage, the company provides personal umbrella policies, which offer additional liability protection extending beyond the limits of individual automobile, watercraft, and homeowner insurance. It also underwrites commercial umbrella policies and dwelling fire insurance specifically for properties not occupied by their owners. Complementing these, Safety Insurance includes inland marine coverage as an option within its homeowner and business owner policies, and furnishes insurance for small to medium-sized recreational watercraft. The distribution of all its insurance products is managed through a network of independent agents. Established in 1979 and headquartered in Boston, Massachusetts, the company was formerly known as Safety Holdings Inc. before officially changing its name to Safety Insurance Group, Inc. in April 2002.
Key statistics
Avg. volume
185.28K
Market cap
$1.52B
P/E Ratio
22.14
Price-to-sales ratio
1.03
Enterprise value
$1.13B
Free cash flow yield
16.75%
Debt-to-equity ratio
0.07
Return on equity
11.12%
ROIC
10.40%
Beta
0.17
Dividend yield
3.55%
Last dividend
$3.68
Financial overview
Revenue
$1.25B
Earnings per share
$6.72
Free cash flow
$191.99M
Net profit margin
4.65%
Gross margin
41.99%
EBITDA
$134.99M
Revenue growth
13.01%
Similar securities
This is not an investment recommendation
How to buy Safety Insurance from India
Indian residents can buy Safety Insurance shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Safety Insurance and place an order
Find Safety Insurance by name or by its ticker, SAFT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Safety Insurance trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Safety Insurance position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Safety Insurance from India
Trading and taxes when buying Safety Insurance from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Safety Insurance’s current yield is 3.55%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Safety Insurance stock?
Yes. Safety Insurance (SAFT) has been listed on NASDAQ since 2002, in the Insurance - Property & Casualty industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Safety Insurance share cost in rupees?
One Safety Insurance share is $103.63 — about ₹9,955 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Safety Insurance price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Safety Insurance from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy Safety Insurance with less than the price of one share?
Yes. A whole Safety Insurance share is $103.63, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Safety Insurance shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Safety Insurance price. Paasa issues a capital-gains statement for your return.
Does Safety Insurance pay a dividend, and how is it taxed in India?
Yes. Safety Insurance pays a dividend and the current yield is 3.55%; the last declared dividend was $3.68 per share, about ₹353.50. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Safety Insurance from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Safety Insurance shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Safety Insurance shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Safety Insurance holding, its cost and its closing value.
How do I sell Safety Insurance and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.