Nevada holds public webinar to address high auto insurance rates

Auto insurance - Nevada Highway Sign

The state scheduled the webinar to be open to the public to address rapidly rising premiums. The Nevada Division of Insurance recently held a live webinar to provide the public with an opportunity to discuss the rising cost of auto insurance in the state. The event on the subject was held on November 1 and ran from 10:00 am through until 11:30 am. The webinar was meant to address the rapidly rising auto insurance rates in the state, which have been climbing as has been the case across the country.…

Read More

Nevada car insurance premiums will rise for 1 in 3 drivers

Nevada Car Insurance - Premiums to rise

About 600,000 motorists across the state will be watching their rates rise in the near future. Around one in every three state residents will be affected by the Nevada car insurance rate hikes coming soon. About 600,000 drivers will see a considerable 9 percent spike to their auto policy premiums this summer. The state will be raising the minimum amount of bodily injury and property damage coverage. As a result, Nevada car insurance rates will also be rising in order to reflect the higher coverage. This will become effective as…

Read More

Nevada to regulate self-driving vehicles for the sake of consumers

Nevada has become the first U.S. state to begin regulating self-driving vehicles. Legislators have imposed new regulations that would develop new licensing procedures for companies producing these vehicles and those already being operated within the state. The hope is to ensure that the manufacturers of these vehicles will be held responsible for any accidents or mishaps that may happen during their time on the state’s roadways. Legislators claim that this accountability will help protect consumers as well as insurance companies. Last year, one of Google’s famous self-driving vehicles caused an…

Read More

Nevada low income car insurance proposal dead in the water

Early this year, Nevada legislators were considering a bill that would provide more affordable car insurance policies to low-income families. The bill had gained momentum in Las Vegas in its early days, but support waned as months passed without comprehensive amendments. It was announced that the Nevada Senate had terminated the bill, leaving its sponsor, Assemblyman Kelvin Atkinson, to go back to the drawing board. Atkinson expressed his disappointment with the lack of Republican support for the bill, but has hopes that a similar measure will be passed in the…

Read More

Nevada low cost car insurance program on the line

New legislation in Nevada that seeks to provide affordable auto insurance to the poor is facing renewed opposition as it inches closer to being signed into law. Introduced and championed by Assemblyman Kelvin Atkinson (D-NV), the bill intends to establish a low-cost auto insurance program that is tailored for those living below the poverty line. Since the bill’s conception it has garnered support. Now a new wave of opposition is mounting in the Senate against the legislation. Atkinson believes the bill will have a real, if modest, impact on those…

Read More