Nev. Rev. Stat. § 679A.210

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 679A.210 - Prohibited provisions in policy of liability insurance relating to costs of defense, legal costs and fees and other expenses for claims

Notwithstanding any other provision of law, an insurer, including, without limitation, an insurer listed in NRS 679A.160, shall not issue or renew a policy of liability insurance that contains a provision that:

1. Reduces the limit of liability stated in the policy by the costs of defense, legal costs and fees and other expenses for claims; or
2. Otherwise limits the availability of coverage for the costs of defense, legal costs and fees and other expenses for claims.

NRS 679A.210

Added to NRS by 2023, 1110
Added by 2023, Ch. 191,§1, eff. 10/1/2023, app. to any renewal of contract for liability insurance existing on 10/1/2023, but not to any contract for liability insurance existing on 10/1/2023.