Nevada state officials are reminding as many as 600,000 vehicle owners they could face auto insurance rate increases July 1, when minimum liability coverage requirements go up.
Officials announced earlier that almost one in three of Nevada’s 2 million licensed motorists could be paying $10 more a month.
The minimum is going up to $25,000 for bodily injury coverage per person and $50,000 per accident, plus $20,000 for property damage.
Those minimums have been $15,000, $30,000 and $10,000.
Officials say some policyholders with minimum uninsured motorist coverage could pay $45 more a month.
The state Department of Motor Vehicles, Division of Insurance and Nevada Insurance Council say the increase brings Nevada more in line with insurance coverage requirements in other states.
The insurance division has posted frequently-asked-questions on its website.
Topics Trends Auto Pricing Trends
Was this article valuable?
Here are more articles you may enjoy.
Former Insurance Agent Sentenced to Jail for Fraud, Again 
Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026 
Why El Niño’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers 
Zurich CEO Says Staff Let Go as Regulator Finma Imposes Partial Sales Ban From This Issue
