Section 686B.505 - Required filings1. The Commissioner will interpret subsection 2 of NRS 686B.030 as requiring the following filings: (a) Policy coverage forms, endorsements, application forms and declarations pages for all business and commercial insurance.(b) Rules, rates, policy coverage forms, endorsements, application forms and declarations pages for the following types of insurance:(1) Dwelling, up to 4 units;(2) Personal inland marine, including, but not limited to, personal watercraft;(3) Vehicle mechanical breakdown;(4) Insurance for home protection which is regulated pursuant to NRS 690B.100 to 690B.180, inclusive; and(5) Force-placed insurance. 2. As used in this section, "force-placed insurance" means single interest or dual interest insurance that is purchased by a creditor after a transaction: (a) For coverage against loss, expense or damage to the property used as collateral as a result of fire, theft, collision or other risk of loss that would impair the interest of the creditor or adversely affect the value of the collateral; (b) In accordance with the terms of the credit agreement as a result of the debtor's failure to provide the required insurance; and (c) The cost of which is charged to the debtor.Nev. Admin. Code § 686B.505
Added to NAC by Comm'r of Insurance, eff. 12-15-94; A by R111-04, 5-24-2005; A by R006-16, eff. 6/28/2016