Nevada Administrative Code
Chapter 686B - Rates and Essential Insurance
MISCELLANEOUS PROVISIONS
Section 686B.520 - Approval of rate different from filed rate
Universal Citation: NV Admin Code 686B.520
Current through September 16, 2024
1. An insurance company which requires a rate different from the rate provided by a filing otherwise applicable to a specific risk may request the different rate by written application to the Commissioner for approval or disapproval.
2. An application must:
(a) Include one copy of the face of the
policy.
(b) Show a comparison of
the filed rate to the requested rate.
(c) Give a brief statement of steps which the
insured can take to improve his or her insurability and qualify for a lower
rate if the requested rate is in excess of the filed rate.
(d) Provide a space for the insured or a
representative to sign as evidence of consent to the requested rate.
(e) Give any other information required by
the Commissioner.
Comm'r of Insurance, PC-2, eff. 9-23-72-NAC A by R111-04, 5-24-2005
NRS 679B.130, 686B.070, 686B.110
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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