Mandatory Minimum Liability Insurance Requirements in Nevada
|
Nevada Insurance Resources
Compare Nevada Insurance Rates
Get instant NV Car Quotes in two easy steps:
Nevada Insurance Law FAQ’s & Requirements
Don’t underestimate the importance of being informed of the minimum requirements in Nevada for your auto insurance coverage. You’ll want to know the Nevada laws before you sign a contract with any car insurance company. You need to know what the minimum requirements are and you also need to know what insurance coverages are optional in order to decide which ones are the best choice for your particular budget and needs. The following will help you understand more about Nevada’s liability insurance laws, helping you choose the best Nevada insurance policy for you.
What is Nevada’s required minimum insurance coverage?
Nevada gives policyholder’s two ways to purchase bodily injury and property damage liability coverage:
- Split-Limit
- Combined Single-Limit
The minimum limits of liability insurance required are:
- $15,000 per person for bodily injury
- $30,000 per accident for bodily injury
- $10,000 per accident for property damage
Top of page
Are comprehensive and collision insurance required in Nevada?
No, Nevada does not require policyholder’s to purchase comprehensive or collision insurance coverage.
Top of page
Compare
Car Insurance Rates
Quotes in a matter
of minutes! Just enter your zip code for a secure,
free, instant quote online!
|
|
|
What is the penalty for drivers who do not purchase the required minimum amounts of liability insurance?
The penalty for not meeting Nevada’s minimum auto insurance requirements is severe because uninsured drivers cost money to innocent drivers and because the more uninsured drivers that are involved in accidents cause everyone’s premiums to rise. The Department of
Motor Vehicles runs the "Insurance Verification Program", which aims to remove
uninsured motorists from the streets and highways of Nevada. You are required you to
pay a reinstatement fee to the Department of Motor Vehicles Insurance Verification Program if
you are the owner of a motor vehicle that is driven without the required amounts of insurance. The penalty fee is $250 unless you can provide proof that the vehicle was dormant,
which may reduce the fee to $50. If a police officer catches you without proper insurance, you will have to go to court, which generally imposes larger fines.
Top of page
|
