Nev. Rev. Stat. » NRS: CHAPTER 485 - MOTOR VEHICLES: INSURANCE AND FINANCIAL RESPONSIBILITY
Nevada Revised Statutes

Nev. Rev. Stat. § 485.304 (2026)

Payments sufficient to satisfy requirements

✓ current as of July 2026
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NRS 485.304  Payments sufficient to satisfy requirements.  Judgments must for the purpose of this chapter only, be deemed satisfied:

      1.  When $25,000 has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of one person as the result of any one crash;

      2.  When, subject to the limit of $25,000 because of bodily injury to or death of one person, the sum of $50,000 has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of two or more persons as the result of any one crash; or

      3.  When $20,000 has been credited upon any judgment or judgments rendered in excess of that amount because of injury to or destruction of property of others as a result of any one crash,

Ê but payments made in settlement of any claims because of bodily injury, death or property damage arising from a motor vehicle crash must be credited in reduction of the amounts provided for in this section.

      (Added to NRS by 1957, 724; A 1963, 221; 1969, 177; 1981, 628; 2015, 1651; 2017, 1341)

     

Notes of Decisions
Cited in 2 cases, 2017–2017 · leading case: Simmons Vs. Briones, 2017 NV 9 (Nev. 2017).
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Simmons Vs. Briones, 2017 NV 9 (Nev. 2017). · cites it 4× “Second, under NRS 485.304, the judgment is deemed satisfied for NRS Chapter 485 purposes when an amount equaling the Nevada insurance requirements has been paid, even if the amount of the judgment SUPREME COURT OF NEVADA 7 (0) 1947A e exceeds those limits.”
Simmons Vs. Briones, 2017 NV 9 (Nev. 2017). · cites it 2× “Second, under NRS 485.304, the judgment is deemed satisfied for NRS Chapter 485 purposes when an amount equaling the Nevada insurance requirements has been paid, even if the amount of the judgment SUPREME COURT OF NEVADA 7 (0) 1947A e exceeds those limits.”
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