NRS 679A.210 Prohibited provisions in policy of liability insurance relating to costs of defense, legal costs and fees and other expenses for claims; exemptions.
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NRS 679A.210 Prohibited provisions in policy of liability insurance relating to costs of defense, legal costs and fees and other expenses for claims; exemptions.
1. Notwithstanding any other provision of law, an insurer, including, without limitation, an insurer listed in NRS 679A.160 , shall not issue or renew a policy of liability insurance that contains a provision that:
(a)Reduces the limit of liability stated in the policy by the costs of defense, legal costs and fees and other expenses for claims; or
(b)Otherwise limits the availability of coverage for the costs of defense, legal costs and fees and other expenses for claims.
2. The provisions of this section do not apply to:
(a)A risk retention group, as defined in NRS 695E.110 .
(b)Captive insurance that does not cover third-party liability.
(c)A nonadmitted insurer, as defined in NRS 685A.0375 .
3. As used in this section, “policy of liability insurance” includes only a policy of casualty insurance that:
(a)Provides insurance against legal liability arising from the ownership or operation of a motor vehicle, as defined in NRS 485.050 ;
(b)Provides insurance against legal liability arising from the ownership of housing that is occupied by the owner as the primary residence of the owner;
(c)Is a policy of commercial general liability insurance;
(d)Is a policy of commercial automobile insurance; or
(e)Provides insurance covering the professional liability of a provider of health care, as defined in NRS 41A.017 .