How Does Bodily Injury Liability Work?
For Nevada, the minimum required bodily injury liability is 25/50 – $25,000 per person and $50,000 per crash. Here are some scenarios: One person injured. Cost $35,000. Even though the limit per crash is $50,000, your insurance will cover only $25,000 as this is the limit per person. Two persons injured. The cost…Read More
Bodily Injury Liability
When can it be used? In case of an at-fault car accident caused by any of the people covered by the insurance Who does it cover? you, the policyholder members of your family living with you people using your car with your consent Who does it pay for? It pays to the person…Read More
Real ID and Standard Nevada Driver’s License – What is the Difference?
Real ID – In 2005, Congress passed the REAL ID Act to establish minimum standards for the production and issuance of state-issued driver’s licenses and identification cards. After October 1, 2021, all Americans will need a Real ID-compliant driver’s license in order to board any commercial aircraft or enter secure federal buildings. If your driver’s…Read More
Young Drivers: What is an Instruction Permit?
The Instruction Permit is Also Called a Learner’s Permit Instruction Permit is a type of driver’s license for drivers between the ages of 15 ½ and 18. To obtain a learner’s permit, also called an instruction permit, you must pass a written test based on the Nevada Driver Handbook, instead of taking a driver’s education…Read More
High-Risk Drivers and High Insurance Costs in the State of Nevada
In the state of Nevada, one must abide by the driving laws to maintain a low insurance premium. Insurance companies will look at your driving record when determining a price for your monthly premium. High-risk drivers in Nevada include those who: Have tickets and a history of speeding or distracted driving Have been involved in…Read More
Car Insurance Specifics in Nevada
Auto insurance – All drivers in Nevada must purchase one from a licensed professional. By law, Nevada drivers must purchase car insurance. Cheap Las Vegas Insurance helps you get the best of discounts and coverage you need. Driver Education Credit – If you are 55 and older and if you successfully complete a driving…Read More
High vs Low Deductibles
What is a Deductible? A deductible is the amount of money the insured is required to pay before his/her insurance begins covering the costs. For example, if you were in a car accident and the damage totaled to $8000 and your deductible was $1000, this means that you would pay the first $1000 of the…Read More
Why Deductible and Is There a Way Around It?
A deductible is the amount of money you agree to pay as your share of the cost of a claim before the insurer is committed to paying the rest of the claim. Deductible helps mitigate the moral hazard in insurance. This means the risk that the policyholder may not act in good faith. So, deductible…Read More
Car Insurance Terms Explained
How to Read Your Car Insurance Policy Additional insured – a person is covered by an insurance policy that is different from the policyholder, typically all household members with driver licenses apart from the primary driver. At-fault accident – An accident that you cause, either through an act of your own or by…Read More
What are the Benefits of Using an Independent (Broker) Insurance Agent
It’s common sense that when looking for insurance, buying directly from an insurer is likely cheaper and less time consuming because it’s the most “direct” approach. However, is it always the best choice? For one, it can be very time-consuming to get to know what every insurance company offers, its solutions, prices, and terms and…Read More