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Current as of January 01, 2025 | Updated by Findlaw Staff
The Authority shall adopt regulations requiring all operators of taxicabs subject to its regulation and supervision to maintain a contract of insurance against liability for injury to persons and damage to property for each taxicab. The amounts of coverage required by the regulations:
1. Must not exceed a total of:
(a) For bodily injury to or the death of one person in any one crash, $250,000;
(b) Subject to the limitations of paragraph (a), for bodily injury to or death of two or more persons in any one crash, $500,000; and
(c) For injury to or destruction of property in any one crash, $50,000; or
2. Must not exceed a combined single-limit for bodily injury to one or more persons and for injury to or destruction of property in any one crash, $500,000.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 706.305. Operators of taxicabs: Liability insurance required to be provided; amount of coverage; regulations - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-58-energy-public-utilities-and-similar-entities/nv-rev-st-706-305/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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