Nevada Revised Statutes
Chapter 485 - Motor Vehicles: Insurance and Financial Responsibility
NRS 485.380 - Self-insurers.


1. Any person in whose name more than 10 motor vehicles are registered in the State of Nevada may qualify as a self-insurer by obtaining a certificate of self-insurance issued by the Department as provided in subsection 2.
2. The Department may, upon the application of such a person, issue a certificate of self-insurance when:
(a) It is satisfied that the person possesses and will continue to possess the ability to pay judgments obtained against him or her; and
(b) The person provides security to satisfy judgments against him or her in an amount prescribed by regulation of the Department.
3. The certificate of self-insurance must include:
(a) The name and address of the self-insurer;
(b) The expiration date of the self-insurance; and
(c) The statements:
(1) "Self-insured"; and
(2) "This certificate of self-insurance or a photocopy thereof must be carried in the motor vehicle which is self-insured for production on demand."
4. Upon not less than 5 days’ notice and a hearing pursuant to the notice, the Department may, upon reasonable grounds, cancel a certificate of self-insurance. Failure to pay any judgment within 30 days after it becomes final constitutes a reasonable ground for the cancellation of a certificate of self-insurance.
5. The Department shall adopt regulations which set forth the amount of security which must be provided by a self-insurer pursuant to subsection 2.
[15:127:1949; 1943 NCL § 4439.15]—(NRS A 1961, 149; 1965, 263; 1973, 839; 1977, 657; 1979, 1517; 1993, 2487; 1995, 2743; 1999, 3588)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 485 - Motor Vehicles: Insurance and Financial Responsibility

NRS 485.010 - Short title.

NRS 485.020 - Definitions.

NRS 485.028 - "Certificate of financial responsibility" defined.

NRS 485.0335 - "Dormant vehicle" defined.

NRS 485.034 - "Evidence of insurance" defined.

NRS 485.035 - "Judgment" defined.

NRS 485.037 - "Insurance" defined.

NRS 485.040 - "License" defined.

NRS 485.050 - "Motor vehicle" defined.

NRS 485.055 - "Motor vehicle liability policy" defined.

NRS 485.060 - "Nonresident" defined.

NRS 485.070 - "Nonresident’s operating privilege" defined.

NRS 485.080 - "Operator" defined.

NRS 485.090 - "Owner" defined.

NRS 485.105 - "Proof of financial responsibility" defined.

NRS 485.108 - "Registered owner" defined.

NRS 485.110 - "Registration" defined.

NRS 485.120 - "State" defined.

NRS 485.130 - General duties of Department.

NRS 485.135 - Department to furnish operating record. [Effective through December 31, 2022.] Department to furnish operating record. [Effective January 1, 2023.]

NRS 485.137 - Department to publish and disseminate informational leaflet.

NRS 485.140 - Judicial review.

NRS 485.185 - Insurance for payment of tort liabilities arising from maintenance or use of motor vehicle: Coverage to be obtained from insurance company duly licensed and approved; minimum thresholds of coverage.

NRS 485.186 - Operator’s policy of liability insurance: Use in lieu of owner’s policy of liability insurance; requirements for issuance; required statements; operation of motor vehicle by person other than insured; required and excluded coverages; ap...

NRS 485.187 - Unlawful acts; fines and penalties; exceptions.

NRS 485.190 - Department to determine amount of security required; hearing; suspension of license and registration; procedure regarding erroneous information.

NRS 485.191 - Right to hearing; notice; request for hearing; waiver.

NRS 485.193 - Scope of hearing.

NRS 485.195 - Powers of officer conducting hearing.

NRS 485.197 - Enforcement of subpoenas issued by Director.

NRS 485.200 - Exceptions to requirements as to security and suspension of license and registration.

NRS 485.210 - Requirements as to policy or bond.

NRS 485.220 - Form and amount of security.

NRS 485.230 - Duration of suspension; requirements for reinstatement.

NRS 485.240 - Application to nonresidents, unlicensed drivers, unregistered motor vehicles and crashes in other states.

NRS 485.250 - Authority of Department to reduce amount of security.

NRS 485.260 - Custody of security.

NRS 485.270 - Disposition of security.

NRS 485.280 - Return of deposit.

NRS 485.290 - Transfers of deposits to State Highway Fund; procedure for payment of claimants after transfer.

NRS 485.300 - Matters not to be evidence in civil suits.

NRS 485.301 - Judgment creditor authorized to report nonpayment of judgment entered as result of motor vehicle crash; Department to transmit copy of judgment to nonresident’s state.

NRS 485.302 - Suspension for nonpayment of judgment; exceptions.

NRS 485.303 - Suspension to continue until judgments paid and proof given.

NRS 485.304 - Payments sufficient to satisfy requirements.

NRS 485.305 - Payment of judgment in installments; default.

NRS 485.307 - Alternate methods of giving proof; proof required before registration is restored.

NRS 485.3075 - Proof required before reinstatement of license or registrations suspended for failure to maintain proof; duration; penalty.

NRS 485.308 - Certificate of insurance as proof; filing of certificate by electronic or other means; insurance carrier to notify Department before cancelling or terminating policy.

NRS 485.309 - Certificate furnished by nonresident as proof.

NRS 485.3091 - Motor vehicle liability policy: Requirements.

NRS 485.3092 - Cancellation or termination of policy: Notice required; suspension required if effective date within 3 years after reinstatement.

NRS 485.3093 - Chapter not to affect other policies.

NRS 485.3098 - Other proof may be required.

NRS 485.3099 - Department, under certain circumstances, to consent to cancellation of certificate or waive requirement of proof; re-establishment of proof.

NRS 485.313 - Department to create system for verifying that owners of motor vehicles maintain insurance; regulations.

NRS 485.314 - Insurer to maintain record of each contract of insurance and provide Department access to any such record; Department to notify Commissioner of Insurance of noncompliance or receipt of false, incomplete or misleading information.

NRS 485.316 - Confidentiality of information in system; exceptions; penalty.

NRS 485.317 - Department to verify insurance for each motor vehicle registered in this State; owner to respond to inquiry when Department unable to verify insurance; suspension of registration when insurance cannot be verified; reinstatement of regis...

NRS 485.318 - Immunity from liability for actions in good faith and without gross negligence.

NRS 485.320 - Surrender of license, registration and license plates; owner of dormant vehicle required to cancel registration if policy covering vehicle is cancelled or expires; regulations.

NRS 485.326 - Suspension of license for failure to maintain insurance.

NRS 485.330 - Operating motor vehicle when license or registration suspended.

NRS 485.340 - Failure to return license, registration or license plate.

NRS 485.350 - False or forged policy of insurance, certificate of self-insurance, proof of financial responsibility, evidence of insurance or other document; misrepresentation of documents.

NRS 485.360 - Penalty for other violations.

NRS 485.370 - Applicability.

NRS 485.380 - Self-insurers.

NRS 485.385 - Department to take appropriate action after receipt of correct information.

NRS 485.387 - Suspension of registration does not prevent owner from effecting bona fide sale; rights of vendor, mortgagee or lessor.

NRS 485.390 - Chapter supplemental to laws regarding motor vehicles.

NRS 485.400 - Chapter not retroactive.

NRS 485.410 - Chapter not to prevent other process.

NRS 485.420 - Uniformity of interpretation.