Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter687B Contracts of Insurance |
POLICIES OF LIABILITY INSURANCE |
NAC687B.800. Policy sold by short-term lessor of motor vehicle: Deemed primary coverage; filing requirements.
Latest version.
- A policy of liability insurance that is sold by a short-term lessor of a motor vehicle to a short-term lessee of a motor vehicle:
1. Shall be deemed to provide primary coverage, and any other policy of liability insurance shall be deemed to provide excess coverage; and
2. Must be filed with the Commissioner as a policy of insurance for personal risk in the manner set forth in chapter 686B of NRS.
(Added to NAC by Comm’r of Insurance by R151-99, eff. 1-28-2000)