Nevada · statute · Nev. Rev. Stat. ch. 691A · 5 active provisions
All contracts of property insurance covering subjects located in this state are subject to the applicable provisions of chapter 687B of NRS (the insurance contract), and to other applicable provisions of this Code.
1. Except as otherwise provided in subsection 3, each insurer which provides a policy for a personal line of property insurance covering a manufactured home or mobile home in Nevada that was manufactured within the immediately preceding 15 years shall offer to an insured, on a form approved by the Commissioner and in a…
1. A lender shall not require a borrower, as a condition of obtaining or maintaining a loan secured by real property, to provide property insurance on improvements to real property in an amount that exceeds the reasonable replacement value of the improvements. 2. As used in this section: (a) “Borrower” means a mortgago…
1. An insurer that issues a policy of property insurance may exclude the peril of wildfire from the coverage provided under the policy. 2. An insurer may, subject to any other applicable provisions of this title, issue a policy of property insurance that solely covers the peril of wildfire. Such a policy may be offered…
The Commissioner may adopt regulations to carry out the provisions of this chapter.