NRS
485.380 Self-insurers.
1. Any person in whose name more than 10
motor vehicles are registered in the State of Nevada may qualify as a
self-insurer by obtaining a certificate of self-insurance issued by the
Department as provided in subsection 2.
2. The Department may, upon the
application of such a person, issue a certificate of self-insurance when:
(a) It is satisfied that the person possesses and
will continue to possess the ability to pay judgments obtained against him or
her; and
(b) The person provides security to satisfy
judgments against him or her in an amount prescribed by regulation of the
Department.
3. The certificate of self-insurance must
include:
(a) The name and address of the self-insurer;
(b) The expiration date of the self-insurance;
and
(c) The statements:
(1) “Self-insured”; and
(2) “This certificate of self-insurance or
a photocopy thereof must be carried in the motor vehicle which is self-insured
for production on demand.”
4. Upon not less than 5 days’ notice and a
hearing pursuant to the notice, the Department may, upon reasonable grounds,
cancel a certificate of self-insurance. Failure to pay any judgment within 30
days after it becomes final constitutes a reasonable ground for the
cancellation of a certificate of self-insurance.
5. The Department shall adopt regulations
which set forth the amount of security which must be provided by a self-insurer
pursuant to subsection 2.
[15:127:1949; 1943 NCL § 4439.15]—(NRS A 1961,
149; 1965,
263; 1973,
839; 1977,
657; 1979,
1517; 1993,
2487; 1995,
2743; 1999,
3588)
Notes of Decisions
White v. Cont'l Ins. Co., 65 P.3d 1090 (Nev. 2003).
· cites it 3× “The City was also not underin-sured because its legal liability is capped at $50,000, and the City was self-insured to the extent it could be held hable for White’s injuries. Accordingly, the district court reached the correct result that White cannot obtain UM/UIM benefits…”
Alamo Rent-A-Car, Inc. v. State Farm Mut. Auto. Ins., 953 P.2d 1074 (Nev. 1998).
· cites it 3× “DISCUSSION There is nothing in Nevada’s statutory scheme governing short-term vehicle lessors that establishes priority of coverage between a rental agency and the renter’s own automobile liability insurer.”
Co-Operators Ins. Co. v. Allstate Rent-A-Car, 804 P.2d 1050 (Nev. 1991).
“Qualifying as a self-insurer pursuant to NRS 485.380. 2 NRS 690B.025 states in pertinent part: Primary and excess coverage; garageman required to post notice.”
— Nev. Rev. Stat. § 485.380(1) — 1 case
White v. Cont'l Ins. Co., 65 P.3d 1090 (Nev. 2003).
“The City was also not underin-sured because its legal liability is capped at $50,000, and the City was self-insured to the extent it could be held hable for White’s injuries. Accordingly, the district court reached the correct result that White cannot obtain UM/UIM benefits…”
— Nev. Rev. Stat. § 485.380(l) — 1 case
Alamo Rent-A-Car, Inc. v. State Farm Mut. Auto. Ins., 953 P.2d 1074 (Nev. 1998).
“DISCUSSION There is nothing in Nevada’s statutory scheme governing short-term vehicle lessors that establishes priority of coverage between a rental agency and the renter’s own automobile liability insurer.”
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