What Is PIP?

Mandatory Auto Insurance

The Nevada Division of Insurance sets forth Nevada’s minimum auto insurance coverage requirements:

• $25,000 per person in bodily injury liability insurance;
• $50,000 per accident in bodily injury liability insurance (adding up to less than $25,000 per person with three or more claimants); and
• $20,000 per accident in property damage liability insurance.

Any driver with a car registered in Nevada must carry this much auto insurance to drive on Nevada’s public roads.

Out-of-state drivers are subject to the minimum insurance requirements of the state where their cars are registered.

Optional Auto Insurance

In addition to mandatory liability insurance, you can also purchase the following types of optional insurance.

• Uninsured/Underinsured Motorist Insurance (UIM) insurance covers your losses when the at-fault driver is uninsured or underinsured. It also covers you for a hit-and-run accident even if you cannot locate the at-fault driver.
• Comprehensive insurance covers damage to your car due to theft, vandalism, hail, fire, flood, and other similar hazards. It does not cover collision damage.
• Collision is no-fault insurance that covers damage to your car, even if the accident was your fault.
• Personal injury Protection (PIP) covers medical expenses, lost wages, and certain other losses.
• Med Pay covers your medical expenses arising from an accident.

Very few drivers purchase all of these forms of auto insurance.