Liability Minimums

• Nevada law requires drivers to maintain an injury liability policy that offers at least $15,000 in coverage for injury to one person and $30,000 for injury to two or more parties. The third component must offer at least $10,000 for property damage.
  
  

Nevada LIVE

• The state has a program called Nevada LIVE (Liability Insurance Verification Electronically) which maintains an electronic database of liability policies for vehicles registered in the state. Once an insurance carrier issues an insurance policy, it electronically reports the information to the Nevada Department of Motor Vehicles. The DMV uses this database to identify lapses in coverage.
  
  

Confirming Liability Insurance

• If the LIVE system detects a vehicle which has a lapsed or canceled policy, with no new policy issued in its place within 30 days, it will contact the vehicle's owner by mail. Within 15 days of receipt, the resident must provide current policy information, either in writing or online through the verification system available on the DMV website. The DMV will then confirm the information provided with the insurance company listed on the verification.
  
  

Penalties

• Failure to maintain minimum liability insurance will result in suspension of the vehicle's registration. The DMV requires drivers to submit proof of insurance and pay a $250 reinstatement fee.
  
  

Nevada-issued Liability Policies

• Registered vehicles in Nevada must have a liability insurance policy issued by a carrier licensed to provide insurance in the state. If a person moves from another state, he must request the company to change the coverage to Nevada specifically if licensed to do business in the state or obtain a whole new policy from a Nevada-licensed carrier.