Nevada Revised Statutes

Nev. Rev. Stat. § 687B.060 (2026)

Insurable interest: Property

✓ current as of July 2026

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NRS 687B.060 Insurable interest: Property.

1. No contract of insurance of property or of any interest in property or arising from property shall be enforceable as to the insurance except for the benefit of persons having an insurable interest in the things insured as at the time of the loss.

2. “Insurable interest” as used in this section means any actual, lawful and substantial economic interest in the safety or preservation of the subject of the insurance free from loss, destruction or pecuniary damage or impairment.

(Added to NRS by 1971, 1714)

Notes of Decisions

Cited in 2 cases (1 in the last 5 years), 2003–2025 · leading case: B a Props., Inc. v. Aetna Cas. & Sur. Co., 273 F. Supp. 2d 673 (D.V.I. 2003).

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B a Props., Inc. v. Aetna Cas. & Sur. Co., 273 F. Supp. 2d 673 (D.V.I. 2003). “§ 33-15-205 ; Nev.Rev.Stat. § 687B.060; N.M. Stat. Ann.”

Safeco Ins. Co. Of Am. v. RIP VAN 899, LLC (D. Nev. 2025). · cites it 2× “See NRS 687B.060 (“[n]o contract of insurance of property or of any 24 interest in property or arising from property shall be enforceable as to the insurance except for the benefit of persons having an insurable interest in the 25 things at the time of the loss.”

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