In Nevada, a valid anti-stacking provision must satisfy three prerequisites under NRS 687B.145(1) ."First, the limiting provision must be expressed in clear language.""Second, the provision must be prominently displayed in the policy, binder or endorsement.""Finally, the insured must not have purchased separate coverage on the same risk nor paid a premium calculated for full reimbursement under that coverage."Accordingly, a limiting provision is void if it fails to comply with … [Read more...]
Archives for June 2013
Adjusting Claims Involving Intoxicated Insureds Can Be Complicated
June 13, 2013 by
In Nevada, there’s alcohol everywhere. Or so that is what many visitors believe as they find themselves partaking in “just one more” at every stop of their visit. Even some locals live up to the outsider’s stereotypical view of a Las Vegas resident by overdoing it a bit too often.However, like every other state, Nevada has strict laws against driving while intoxicated. Seasoned adjusters know the many complications that can arise when dealing with a claim involving an intoxicated … [Read more...]
Nevada Court Enforces Clear and Unambiguous Contractual Limitation of Action
June 6, 2013 by
Evelyn Collins and her daughter Angela lived in the same house. They each had their own car and their own auto insurance policy from Farmers Insurance.One day Evelyn was a passenger in her daughter’s car. The daughter Angela negligently caused an accident. Evelyn was seriously hurt. Evelyn made a claim against her daughter and collected the $100,000.00 auto bodily injury liability limit from the daughter’s policy. Evelyn also made a claim against her own policy for med pay. She … [Read more...]
