Nevada High Risk Auto Insurance
There are many companies in the state of Nevada that are licensed to underwrite and sell auto insurance policies. Some are more likely to sell policies for high risk car insurance, including Geico, Progressive, Traveler's, esurance, and state farm.
The state of Nevada follows a tort system when dealing with auto accidents that means one driver will found at fault in every accident. That driver and his/her insurance company will be held financially responsible for all of the damages, medical expenses, and other costs incurred by the other parties in the accident.
In order to assure financial responsibility and protect those operating vehicles on the state's roadways, laws that establish minimum auto liability insurance requirements have been enacted. The minimum liability insurance coverage needed to operate a vehicle legally in the state of Nevada is bodily injury liability of $15000/$30000 per individual/accident and property damage liability of at least $10,000. Drivers should also consider carrying underinsured motorist coverage to protect against under or uninsured motorists.
The state of Nevada is very serious about enforcing these minimum insurance requirements. Avoiding the need for high risk auto insurance requires drivers to understand their responsibilities. To that end, the state does not require motorists operating vehicles registered in the state of Nevada to carry proof of insurance in the vehicle. Instead, the state has established a database that is updated weekly with lists of canceled auto insurance policies and new policies written. Any cancelled policy that has no corresponding new policy for the same vehicle is kicked out for verification.