NRS 485.380


Any person in whose name more than 10 motor vehicles are registered in the State of Nevada may qualify as a self-insurer by obtaining a certificate of self-insurance issued by the Department as provided in subsection 2.


The Department may, upon the application of such a person, issue a certificate of self-insurance when:


It is satisfied that the person possesses and will continue to possess the ability to pay judgments obtained against him or her; and


The person provides security to satisfy judgments against him or her in an amount prescribed by regulation of the Department.


The certificate of self-insurance must include:


The name and address of the self-insurer;


The expiration date of the self-insurance; and


The statements:


“Self-insured”; and


“This certificate of self-insurance or a photocopy thereof must be carried in the motor vehicle which is self-insured for production on demand.”


Upon not less than 5 days’ notice and a hearing pursuant to the notice, the Department may, upon reasonable grounds, cancel a certificate of self-insurance. Failure to pay any judgment within 30 days after it becomes final constitutes a reasonable ground for the cancellation of a certificate of self-insurance.


The Department shall adopt regulations which set forth the amount of security which must be provided by a self-insurer pursuant to subsection 2.

Source: Section 485.380 — Self-insurers., https://www.­leg.­state.­nv.­us/NRS/NRS-485.­html#NRS485Sec380.

Last Updated

Jun. 24, 2021

§ 485.380’s source at nv​.us