Auto Insurance in Nevada is Complex — Let’s Make it Simple!
The insurance industry has spent a great deal of time and effort in 2 endeavors. First – they have worked very hard to make insurance look very complex and Second – they have also expended a lot of effort to “commoditize” insurance. Well, I am here to pull back the curtain and give you a head start on spending your insurance dollars well – it’s all about “Value”.
Let’s start by simplifying the concepts of Auto insurance in Nevada.
Basically Auto insurance in Nevada is broken into 3 categories:
1) Auto Liability Insurance
The part that protects those You may cause injury to (along with damaging property). This is called Liability and it is the only part required by NV law. This coverage provides funds to help those that you injure to manage their medical issues. It also provides funds to repair or replace any damage you cause to property (cars, light poles, block walls, etc).