NRS 482.31565
Waiver of damages and optional insurance: Purchase as condition for lease prohibited

  • maximum charge based on value of vehicle
  • adjustment to reflect Consumer Price Index
  • advertisements
  • other prohibited practices.

1.

A short-term lessor shall not require the purchase of a waiver of damages, optional insurance or any other optional good or service as a condition for the lease of a passenger car.

2.

Except as otherwise provided in this subsection, a short-term lessor may sell a waiver of damages but shall charge:

(a)

Except as otherwise provided in paragraph (b), not more than $22 per full or partial rental day or 24-hour rental period, as appropriate, for the waiver. The amount of the charge set forth in this paragraph must be adjusted for each fiscal year that begins on or after July 1, 2008, by adding to that amount the product of that amount multiplied by the percentage increase in the Consumer Price Index West Urban for All Urban Consumers (All Items) between the calendar year ending on December 31, 2005, and the calendar year immediately preceding the fiscal year for which the adjustment is made. The Department shall, on or before March 1 of each year, publish the adjusted amount for the next fiscal year on its website or otherwise make that information available to short-term lessors.

(b)

If the vehicle has a manufacturer’s suggested retail price of more than $60,000, not more than $150 per full or partial rental day or 24-hour rental period, as appropriate, for the waiver. The monetary amounts set forth in this paragraph must be adjusted for each fiscal year that begins on or after July 1, 2021, by adding to each amount the product of that amount multiplied by the percentage increase in the Consumer Price Index West Urban for All Urban Consumers (All Items) between the calendar year ending on December 31, 2017, and the calendar year immediately preceding the fiscal year for which the adjustment is made. The Department shall, on or before March 1 of each year, publish the adjusted amounts for the next fiscal year on its Internet website or otherwise make that information available to short-term lessors.

3.

A short-term lessor who disseminates an advertisement in the State of Nevada that contains a rate for the lease of a passenger car shall include in the advertisement a clearly readable statement of the charge for a waiver of damages and a statement that the waiver is optional.

4.

A short-term lessor shall not engage in any unfair, deceptive or coercive conduct to induce a short-term lessee to purchase a waiver of damages, optional insurance or any other optional good or service, including, but not limited to, refusing to honor the lessee’s reservation, limiting the availability of cars, requiring a deposit or debiting or blocking the lessee’s credit card account for a sum equivalent to a deposit if the lessee declines to purchase a waiver, optional insurance or any other optional good or service.

Source: Section 482.31565 — Waiver of damages and optional insurance: Purchase as condition for lease prohibited; maximum charge based on value of vehicle; adjustment to reflect Consumer Price Index; advertisements; other prohibited practices., https://www.­leg.­state.­nv.­us/NRS/NRS-482.­html#NRS482Sec31565.

482.295
Registration by short-term lessor: Proof of financial ability to respond to damages. 482.300
Short-term lessor must be licensed. 482.305
Short-term lessor not providing coverage jointly and severally liable with short-term lessee for certain damages 482.307
Short-term lessor prohibited from offering, arranging for or allowing use of paid driver. 482.308
Discrimination by short-term lessor against member of Armed Forces prohibited 482.310
Type of license plate for leased vehicle. 482.313
Charging, collecting, reporting and remitting of certain fees in connection with lease of passenger car by short-term lessor 482.315
Records of short-term lessor: Maintenance 482.3151
Definitions. 482.3152
“Estimated time for repair” defined. 482.3153
“Waiver of damages” defined. 482.3154
Limitation on liability of short-term lessee concerning damage to or loss of leased passenger car 482.3155
Waiver of damages: Required provisions 482.3156
Waiver of damages: Disclosure of certain information required. 482.3157
Restrictions on recovery for damages to leased car by placing block or processing charge on lessee’s credit card 482.3158
Certain additional charges permissible under certain circumstances 482.3159
Waiver of provisions is void. 482.31515
“Authorized driver” defined. 482.31525
“Estimated time for replacement” defined. 482.31527
“Vehicle licensing costs” defined. 482.31535
Permissible agreements between lessor and lessee as to responsibility for damage to or loss of passenger car leased for short term 482.31545
Liability of authorized driver for damage occurring during operation of passenger car: Limitations. 482.31555
Short-term lessor authorized to restrict applicability of waiver of damages under certain circumstances. 482.31565
Waiver of damages and optional insurance: Purchase as condition for lease prohibited 482.31575
Advertisement of lease: Disclosure of certain information required 482.31583
Conditions for imposing additional charge 482.31585
Action for damages and equitable relief
Last Updated

Jun. 24, 2021

§ 482.31565’s source at nv​.us