The Nevada Insurance Lobby and Minimum Car Accident Insurance Requirements

Q: Do you think that the very low minimum insurance requirements are a result of the insurance lobby in Nevada?

That’s exactly what happened.

There was a legislator from Las Vegas, who individually or someone in his family had been in an accident where the at-fault driver only had the $15,000/$30,000 limit, realized that those limits were woefully low from firsthand experience. He went to the legislature in 2013, and tried to increase the minimum insurance coverage laws because it hasn’t increased since the 1970s. His proposal was reasonable.

They looked at how dramatically medical expenses had increased as well as the increased cost of repairing property damage of vehicles, and more generally, the cost of living.

He proposed something like $50,000/$100,000, and the insurance lobbyists fought it and prevailed.

Something certainly needs to be done. It is way too low because it hasn’t been adjusted for inflation over the years.

Attorney Patrick Leverty

Attorney Patrick LevertyWith his master’s in insurance law, Patrick routinely helps individuals and businesses who are having issues with their insurance company. He also has extensive experience with personal injury actions, complex tort actions, product liability matters, and class actions. Patrick Leverty is rated AV by Martindale Hubbell (the highest rating) and has been granted membership in the Million Dollar Advocate Forum, and Multi-Million Dollar Advocate Forum. Patrick Leverty has been certified as a Personal Injury Specialist by the State Bar of Nevada. [ Attorney Bio ]

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