A lot of questions trouble us when we plan to buy auto insurance for the first time. This is basically because most people either do not understand or are not aware of the details of an insurance requirement due to limited exposure to the policies and plans laid out for them. Hence a huge number of questions and queries are left unanswered. This problem is further enhanced by the fact that laws in one state may be different from the laws of others and thus separate policies and judicial factors need to be taken into consideration while deciding on each state. The case is no different with Nevada. So, the first question that comes to our mind is why bother with something like auto insurance?
Is auto insurance really that important?
The answer is simple. Auto insurance is merely not another way to squeeze money out of customers through lucrative quotes. It is but the best precaution against a possible car insurance quotes accident against both, your life and your automobile. Considering research and statistics, the state of Nevada alone had more than three hundred and fifty and three hundred and twenty-five auto accident deaths in 2018 and 2020 respectively. The number of injuries was ten times more and financial losses are calculated in billions. Though the number of accidents has increased considerably with each passing year, the financial losses are kept under control through insurance companies.
More Than Mandatory Insurance for Nevada Automobiles
Insurance has turned into an integrated part of our day-to-day life. Any value that we buy can be and should be insured. Automobiles are indeed those valuables. Insurance comes first in mind when we think about automobiles insurance in case of accidents. It is indeed necessary to be covered if you are unfortunate enough to be embroiled in an accident. But this is not the only cover which is available for automobiles. There are many covers present other than the most common ones. You can select comfortable plans that fit your financial and insurance needs like car insurance with the first month free.
Auto Insurance Requirements in Nevada
While buying an auto insurance policy in Nevada, the IVP program and the Insurance ID card become the two most important requirements. Though most people are aware of both, few understand the actual requirement. A question that almost every person in Nevada asks before getting an auto insurance quote concerns the IVP program. IVP short for insurance verification program is a process initiated by the Nevada state government to identify uninsured vehicle owners. Insurance is therefore a must in Nevada and if found without one, the regulatory authorities cancel the registration which may require more than three hundred dollars to be renewed. Also, the license plates are removed and the car may be impounded if necessary.
The second query in most cases is that of an Insurance ID card. Vehicle owners and drivers are required to carry their insurance cards at all times to be presented to law enforcement patrols on request. If a person does not have the card at a particular moment, he or she has to provide proof of the coverage later or the registration for the car is canceled. Since this verification takes place all the time, it is essential to have insurance coverage bought at all times.
Nevada car insurance Coverages
However, before we move further with the uncommon covers it is mandatory that we have a clear understanding of common covers. The most common and mandatory cover which is required is liability cover. This insurance covers you when you are the one responsible for the occurrence of an accident. The main features of this insurance are the bodily injury cover. When involved in an accident if a passenger of another vehicle is injured then the insurance covers the cost of that person’s injuries. A minimum cover for such an eventuality is approximately fifteen thousand dollars in Nevada. On the other hand, if more than one passenger in the other automobile is injured then the minimum cover in Nevada is around thirty thousand dollars. Not only injury to passengers of the other vehicle but injury or damage to property is a necessary insurance cover which is required. If the automobile of the other party is damaged then your insurance should cover for that eventuality. The minimum amount that has to be present in the insurance is around ten to fifteen thousand dollars.
Now in addition to these mandatory covers there are some other covers present which are very important even if not mandatory. You may be involved in an accident where the other party is at fault but doesn’t carry insurance. Under such circumstances there is insurance which covers the medical expense of injuries sustained by passengers in your vehicle. If you are at fault in an accident then insurance which covers for your injuries as well as those of your passengers is present too. During this accident if your own vehicle is damaged then insurance is present to cover expenses of damage caused to your own vehicle.
All the above-mentioned covers were related to accidents only but automobiles being a property you possess can be stolen, vandalized, damaged in any other way such as broken glass etc. Covers for such occurrences are present which are grouped together and called as comprehensive cover. There can be other damages which are not related to accidents and they too can be grouped as comprehensive insurance. There are certain other insurance covers such as cover for towing or for rental. These covers however are not available with all the companies. Carrying basic coverage alone is never a great idea. Always search for extensive insurance cover so that all your bases are covered and you don’t have to shell out more because you tried to save by buying minimal insurance.
What to do to get Nevada car Insurance?
The process is simple and there are millions of people waiting to provide the required service. All a person needs to do is find an instant auto insurance quote that covers all liabilities and damages, compare them to quotes from other providers and choose intelligently. Professional advice directly or via means of the internet is also provided regularly. One should make use of such facilities to increase their knowledge in such matters.