| One of the auto insurance requirements in Nevada is, first and
foremost, liability insurance. When buying a liability insurance policy
there are a few items to keep in mind. There is state required $15,000
coverage for physical injury or death for one person in an accident,
and a $30,000 requirement for the physical injury or death of two
people in an accident.
The auto insurance requirements in Nevada also call for $10,000 for
injury or destruction of property of others. The auto insurance
requirements in Nevada (as far as liability insurance goes) are higher
for Motor Carriers (a person or business that transports people or
merchandise for hire).
Nevada has instated an Insurance Verification Program (IVP) to be
certain that anyone who is driving a vehicle is currently covered with
at least liability insurance. As per the auto insurance requirements in
Nevada (and the IVP Program) the DMV will send you a letter in which
you will need to verify some basic information. The DMV will also
contact your insurance company which will validate your information,
and then the process is complete.
However, if they find you do not have a current insurance policy, the
registration for your vehicle can be suspended. At that point, you'll
either need to reinstate the registration or return the license plates
of your vehicle.
It is not in your best interest to go without observing the auto
insurance requirements in Nevada, since having to reinstate your
registration could cost you $250.00. But if you decide not to insure a
car that you are not currently driving (i.e. A sports car you did not
use in winter, or a car that is not functional.) you could still get
fined. Although, the fine may only be for $50.00 and you will have some
paperwork to do.
Some unique driving challenges in Nevada is the confusing road
structure. At one time you may have to turn your attention to a
combination of a traffic light, a jaywalker and 4 lanes (the drivers in
those lanes) all underneath an overpass. The 24 hour access to alcohol
also adds an interesting twist to the unique driving conditions in
Nevada. Hopefully you now have a better understanding of the auto
insurance requirements in Nevada and why they were implemented. |