Nev. Rev. Stat. § 691C.270

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 691C.270 - Insurer prohibited from requiring bundling of other credit insurance coverage with purchase of credit personal property insurance or using gross debt to determine premiums

1. An insurer shall not:

(a) Require the bundling of other credit insurance coverage with the purchase of credit personal property insurance; and

(b) Use gross debt in any manner to determine the premiums for credit personal property insurance.

2. A debtor must have a choice to purchase credit personal property insurance separately from other credit insurance coverage.

NRS 691C.270

Added to NRS by 2005, 2108