Nevada Revised Statutes 687B.250 – Payment not to constitute admission of liability or waiver of defenses
1. No payment or payments made by any person, or by an insurer of the person by virtue of a liability insurance policy, on account of bodily injury or death or damage to or loss of property of another shall constitute an admission of liability or waiver of defenses as to such injury, death, loss or damage, or be admissible in evidence in any action brought against the insured person or the insurer of the person for damages, indemnity or benefits arising out of such injury, death, loss or damage, unless pleaded as a defense to the action.
Terms Used In Nevada Revised Statutes 687B.250
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- 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
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
2. All such payments shall be credited upon any settlement made by, or judgment rendered in such an action against, the payer or the insurer of the payer, and in favor of any person to whom or on whose account payment was made.