Those who have been in the situation where they have had to make a claim on their auto insurance probably have found themselves completely dissatisfied with the auto insurance companies’ performance. Making a claim with your auto insurance carrier is a stressful time, which will involve lots of groundwork and many heated discussions when it comes to the costs of repair or a replacement vehicle. Those who live in Nevada and find themselves in this situation should be prepared to pay out more than other states.
According to a report by the National Association of Insurance Commissioners, Nevada auto insurance runs almost two hundred dollars more annually when the same coverage is compared to other states. For whatever reason, auto insurance in Nevada will cost more no matter if you have full coverage, liability, or the state minimum coverage.
If you live in Nevada and want to make sure that you get the most bangs for your buck, you need to shop around and compare auto insurance rates. A good policy is one that meets the minimum requirement by state, but also includes other coverage’s that protect you in case of an accident. Most importantly, you want to make sure that your Nevada auto insurance policy will not be the cause of additional stress if you are forced to make a claim. Ask around and see if the company has a good reputation. The best way to find out about a company is to ask other Nevada residents who have their auto insurance through them as well.
The auto insurance coverage that is required by Nevada is for bodily injury and property damage. This coverage has to be a minimum of $40,000 when they are combined. Nevada does not require comprehensive or collocation coverage. In fact, for young drivers this coverage is not available to them at all. Medical coverage is not required in Nevada on auto insurance policies; however it is there for those who want it.
When leasing a vehicle in Nevada, the auto insurance requirements are slightly different. It is advised that you take a careful look at your lease agreement and note what types of requirements that there are for coverage.
“Nevada Vehicle Insurance” dmvstat.com