Nevada Car Insurance

REQUIREMENTS

Just like all other states, Nevada requires a minimum amount of liability insurance for every registered vehicle on public roads. The insurance requirement is so important, in fact, that the state has instituted the Insurance Verification Program (IVP), a joint campaign between state-approved insurance companies and the DMV.
Minimum Requirements.
The following are the minimum liability insurance requirements as set by the state legislature:
$15,000 for bodily injury or death of one person in any one accident
$30,000 for bodily injury or death of two or more people in any one accident
$10,000 for injury to or destruction of others' property in any one accident
Liability insurance is the only coverage mandated by law; the IVP does not apply to comprehensive or collision coverage.
Motor carriers (people or companies that transport goods or people for hire) have higher liability requirements. Please see Nevada Administrative Code 706.191 for specific coverage amounts and exceptions.
Fleet owners with 10 or more vehicles may also qualify as self-insurers. Find details on the Self-Insured Requirement Sheet.
If you cancel your insurance for any reason, you must also cancel your registration and surrender your plates to the DMV.
You must obtain a policy from a company that is licensed and regulated by the state Division of Insurance. To verify that the company you're considering is approved, check it out online or call (888) 467-4195.
The Insurance Verification Program
Each month, licensed Nevada insurance companies are required to notify the DMV of new policies that have been written and policies that have been terminated. This information includes the vehicle identification number (VIN), the name of the insured driver, and the dates of applicable coverage changes.
It's important that the names on your insurance policy and vehicle registration match. This means that if you change the name on your insurance policy, you'll also need to change the name on your registration certificate and title.
The DMV uses a computer system to process the coverage change information each month and flag records where the existing policy was terminated and no new policy was assigned. These records are considered possible uninsured vehicles, and the DMV follows up on each one.
First, the DMV will send a request to the registered owner, simply asking him or her to verify insurance coverage on the vehicle, or to confirm that the vehicle was sold or taken out of state.
The verification letter is time-sensitive; if you receive one, you have 20 days to respond, either by mail or using the online Verification Response system. If you use the online system, you'll need to enter the access code that is included in the original verification letter.
If you submit your current insurance information online or by mail, the DMV will verify the coverage with the stated insurance company. If everything checks out, you're in the clear and the verification process ends right there. A letter will be mailed to you, notifying you of the issue's resolution.
If you don't respond, or if the insurance company denies that you have coverage, your registration will be immediately suspended. You'll be mailed a certified letter to notify you of the suspension, and to request that you go through the reinstatement process or turn in your license plates.
You can always appeal the suspension if you feel it was unwarranted or given in error. Contact the Office of Administrative Hearings for more details.
Reinstating Your Registration
To reinstate your registration, simply provide proof of minimum liability insurance coverage and pay the reinstatement fee of $250. You can submit your documentation in person at any full-service DMV office, or by mail to the address on the suspension letter. You can also fax your paperwork to the number listed on your suspension letter.
If you use mail or fax, be sure to use the Processing Center Credit Card Authorization form to submit your payment.
If your vehicle is dormant during the time in question because of mechanical problems or weather, you'll want to submit the Dormant Vehicle Affidavit instead of insurance documentation. The reinstatement fee will then be $50 instead of $250.
In some cases, you may be able to reinstate your registration online, using the Reinstatement feature, or at a self-service kiosk in selected full-service DMV offices in Las Vegas, Reno, Carson City, Elko, Fallon, Minden, and Pahrump. The following must apply for you to be eligible to use these methods:
You have obtained liability insurance for the vehicle in question.
The insurance company has reported your policy to the DMV (can take up to one month).
You have the access code and date of suspension from your certified suspension letter.
You'll need to use a debit or credit card to pay fees online or at the kiosks.

For More Details Visitwww.autosinfo.com/insurance/state/Nevada
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www.carinsurance.com/state/Nevada-car-insurance.aspx