Buying Auto Liability Insurance: A Legal Requirement
If you drive a car, you should be aware that purchasing auto insurance is not just a safety measure but also a legal requirement. For those residing in Las Vegas, NV who need information about insurance policies, our team at Red Rock Insurance is ready to assist. We have been providing custom insurance solutions for over 22 years to clients in our area.
Nevada Assembly Bill 398: A Closer Look
While most drivers understand that the "liability" part of their insurance refers to their acceptance of accountability for any damage to property or injuries caused in the event of an accident, there are many intricate details about how compensation is calculated and how an accident can affect policy premiums. To this end, you may find Nevada’s Assembly Bill 398 particularly interesting. Passed in 2023, the bill provides insights into how insurance companies can influence your liability payment.
Essentially, the bill prevents insurance companies from issuing auto insurance policies that reduce liability based on the legal costs arising from your accident. It also disallows companies from using legal fees and claim expenses to lessen the policy’s liability. This aims to ensure car accident victims aren’t faced with limited liability in subsequent insurance policies.
Contact Us Today
Whether you need more information about liability or seek a better understanding of your policy’s components, the knowledgeable team members at Red Rock Insurance are ready to provide the answers you need. Based in Las Vegas, NV, we are easily accessible for all your insurance-related queries and requirements. Call us today and let’s discuss your insurance needs.
