Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter690B Casualty Insurance |
MOTOR VEHICLES |
Underwriting Standards |
NAC690B.210. Definitions.
- As used in NAC 690B.210 to 690B.250, inclusive, unless the context otherwise requires:
1. “Commercial automobile” means a motor vehicle not rated under rules for private automobiles for passengers.
2. “Company rules” means the standards established and used by an insurer for underwriting, rating, cancellation or nonrenewal of insurance for automobiles.
3. “Date of incident” means the actual day on which a person engages in the activity which results in a citation for a violation of a traffic law or the day on which the person is involved in an accident involving a motor vehicle.
4. “Division” means the Division of Insurance of the Department of Business and Industry.
5. “Incident” means an activity resulting in a conviction for a violation of a traffic law, a chargeable accident as defined pursuant to NAC 687B.850, or both.
6. “Private automobile for passengers” means a:
(a) Motor vehicle rated under the rules for private vehicles for passengers; or
(b) Rented motor vehicle of the type used for a private automobile for passengers, even if it is rated under the rules for commercial motor vehicles.
[Comm’r of Insurance, PC-21, § III, eff. 4-4-78]—(NAC A 10-30-85; 5-27-92; R024-04, 7-26-2004; R100-06, 12-7-2006)