Section 685A.215 - Conditions for placement1. Except as otherwise provided in subsection 3, for an insured for which Nevada is the home state, insurance which is not readily obtainable from admitted insurers after a diligent effort has been made to obtain the insurance may be obtained from eligible brokers or procured by the insured. For surplus lines insurance, upon filing the report required by NRS 685A.050, the broker shall affirm that the coverage is unavailable from admitted insurers and provide evidence that at least three insurers which are marketing that line or class of insurance in this State have declined to provide that coverage.2. The refusal of admitted insurers to write a form of contract is not a basis for a contention that the insurance is not procurable from admitted insurers if the form of contract involves a combination of classes of insurance which cannot lawfully be combined in a single certificate of authority to one insurer. Separate forms of contracts, each incorporating a class or a lawful combination of classes, must be offered to and refused by admitted insurers in the manner set forth in subsection 1 before the insurance may be placed with eligible insurers.3. The provisions of subsection 1 do not apply to an exempt commercial purchaser.Nev. Admin. Code § 685A.215
Comm'r of Insurance, PC-22, § 5, eff. 7-18-80-NAC A 3-5-91; R034-12, 9-14-2012NRS 679B.130, 685A.040, 685A.210