NV DMV Insurance and Financial Responsibility 2 — Questions and Answers
Question 1: What is the minimum liability coverage required for bodily injury per accident in Nevada?
- $25,000
- $50,000 (Correct answer)
- $100,000
- $15,000
Correct answer: $50,000
Nevada requires a minimum of $50,000 for bodily injury liability per accident.
Question 2: If your vehicle is involved in an accident and you cannot show proof of insurance, what may happen to your vehicle registration?
- It will be suspended (Correct answer)
- It will be renewed automatically
- Nothing will happen
- It will be transferred to the state
Correct answer: It will be suspended
Nevada DMV may suspend your vehicle registration if you fail to maintain required insurance.
Question 3: Which of the following is NOT an acceptable form of financial responsibility in Nevada?
- Liability insurance policy
- Cash deposit with the state
- Personal promise to pay (Correct answer)
- Surety bond
Correct answer: Personal promise to pay
A personal promise to pay is not a recognized form of financial responsibility under Nevada law.
Question 4: How long must a Nevada driver maintain SR-22 insurance after a DUI conviction?
- 1 year
- 2 years
- 3 years (Correct answer)
- 5 years
Correct answer: 3 years
Nevada requires SR-22 filing to be maintained for 3 years following a DUI conviction.
Question 5: What happens if your insurance company cancels your policy and notifies the DMV?
- Your license plate is mailed to DMV automatically
- Your vehicle registration may be suspended (Correct answer)
- You receive a 90-day grace period with no penalty
- Your driving record is cleared
Correct answer: Your vehicle registration may be suspended
When an insurer notifies the DMV of a cancelled policy, the DMV may suspend the vehicle's registration.
Question 6: A Nevada driver causes an accident and has no insurance. What is the minimum fine for a first offense?
- $100
- $250
- $400 (Correct answer)
- $750
Correct answer: $400
The minimum fine for a first offense of driving without insurance in Nevada is $400.
Question 7: What does the term 'uninsured motorist coverage' protect you from?
- Damage to your car from weather
- Injuries caused by a driver with no insurance (Correct answer)
- Theft of your vehicle
- Mechanical breakdown costs
Correct answer: Injuries caused by a driver with no insurance
Uninsured motorist coverage pays for your injuries when the at-fault driver carries no liability insurance.
NV DMV Insurance and Financial Responsibility 2
What is the minimum liability coverage required for bodily injury per accident in Nevada?