1.  Except as otherwise provided in subsection 2, every owner of a motor vehicle which is registered or required to be registered in this State shall continuously provide, while the motor vehicle is present or registered in this State, insurance provided by an insurance company licensed by the Division of Insurance of the Department of Business and Industry and approved to do business in this State:

Terms Used In Nevada Revised Statutes 485.185

  • Department: means the Department of Motor Vehicles. See Nevada Revised Statutes 481.015
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.

(a) In the amount of $25,000 for bodily injury to or death of one person in any one crash;

(b) Subject to the limit for one person, in the amount of $50,000 for bodily injury to or death of two or more persons in any one crash; and

(c) In the amount of $20,000 for injury to or destruction of property of others in any one crash, for the payment of tort liabilities arising from the maintenance or use of the motor vehicle.

2.  The provisions of this section do not apply to a moped.