State Requirements
Nevada requires each driver to maintain mandatory minimum liability
insurance. Liability insurance minimums are 15/30/10. What does this
mean? The 15 means Acceptance will pay up to $15,000 toward
injury-related expenses per person, 30 means Acceptance will pay up to
$30,000 total per incident toward injury-related expenses and 10 means
Acceptance will pay up to $10,000 toward property damage in each
incident.
Basic Liability Coverage
Minimum Liability is the least expensive insurance option but it only
offers the least amount of protection if you’re involved in an accident
and the coverage is only provided for the other party. Any damage to
your vehicle, or any personal hospital or recovery costs, are not
covered under this type of coverage. Any costs above the 15/30/10
incurred in an accident could require significant out-of-pocket expenses
in the event of a serious accident.
Comprehensive and Collision Coverage
If you need coverage to protect yourself and your vehicle, Acceptance
offers comprehensive and collision coverage. The premium is higher than
liability, but the additional coverage will help protect one of your
most expensive investments as well as your financial standing in the
event of a serious accident. In addition, most lienholders require you
to have this coverage if your vehicle is financed. We also offer many
discounts and deductible options, which helps many Nevada drivers find
the increased coverage, and the peace of mind it offers, worth every
penny.
Uninsured or Underinsured Motorist Coverage
Additional coverage is available in the event of an accident with a
driver who doesn’t have insurance or is underinsured. Although this
coverage is not legally required in the state of Nevada, many of our
policyholders elect to obtain this additional coverage to protect
themselves and their families from damage to their vehicle or injuries
caused by another driver who isn’t insured or has insufficient insurance
coverage to cover your costs.