Tagged with minimums

New Auto Insurance Minimums

In 2017 Nevada legislature passed Senate Bill 308, which will increase the mandatory auto insurance minimums.  Currently the minimums are $15,000 bodily/$30,000 Multiple and $10,000 property.  Starting July 1, 2018 the minimums will be raised to $25,000/$50,000 and $20,000 property. So we should probably expect car insurance rates to increase for this higher coverage.  Hopefully the costs for the consumers does not jump too high.