NRS
485.210 Requirements as to policy or bond. For
the purposes of
NRS 485.200, a policy or
bond is not effective unless:
1. The policy or bond is subject, if the
crash has resulted in bodily injury or death, to a limit, exclusive of interest
and costs, of not less than $25,000 because of bodily injury to or death of one
person in any one crash and, subject to the limit for one person, to a limit of
not less than $50,000 because of bodily injury to or death of two or more
persons in any one crash and, if the crash has resulted in injury to or
destruction of property, to a limit of not less than $20,000 because of injury
to or destruction of property of others in any one crash; and
2. The insurance company or surety company
issuing that policy or bond is authorized to do business in this State or, if
the company is not authorized to do business in this State, unless it executes
a power of attorney authorizing the Director to accept service on its behalf of
notice or process in any action upon that policy or bond arising out of a
crash.
[Part 4:127:1949; 1943 NCL § 4439.04]—(NRS A 1961,
141; 1963,
220; 1969,
177; 1981,
628; 1985,
1958; 1987,
1092; 1995,
2737; 2015,
1648; 2017,
1340)
Notes of Decisions
Estate LoMastro Ex Rel. LoMastro v. American Family Insurance Group (2008)
nev
“otor Vehicles evidence of financial responsibility as required by chapter 485 of NRS; (b) With respect to the ownership, maintenance or use of which there is no liability insurance for bodily injury or bond applicable at the time of the accident, or, to the extent of such…”
Peacock v. Harper (1979)
nev · cites it 2×
“At the time of the aforementioned accident, the Motor Vehicle Safety Responsibility Act required coverage of at least $15,000 for bodily injury to one person and $30,000 for bodily injury to two or more persons in any one accident.”
Gardner v. American Insurance (1979)
nev · cites it 2×
“f motor vehicles evidence of financial responsibility as required by chapter 485 of NRS; (b) With respect to the ownership, maintenance or use of which there is no bodily injury liability insurance or bond applicable at the time of the accident, *274 or, to the extent of such…”
— Nev. Rev. Stat. § 485.210(1) — 1 case
Gardner v. American Insurance (1979)
nev
“f motor vehicles evidence of financial responsibility as required by chapter 485 of NRS; (b) With respect to the ownership, maintenance or use of which there is no bodily injury liability insurance or bond applicable at the time of the accident, *274 or, to the extent of such…”
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