Nevada's insurance law is Title 57 of the Nevada Revised Statutes (NRS), cited as the Nevada Insurance Code (NRS 679A.010). The regulations are in the Nevada Administrative Code (NAC). This guide covers the Nevada rules on the regulator, producer licensing, appointments, continuing education, premium handling, unfair practices, fraud, surplus lines and the guaranty associations, with citations. The general concepts are in the national Insurance Regulation guide.

About the exam

Nevada's producer exams are given by Pearson VUE. Each exam has a general knowledge section and a Nevada-specific section, but candidates get a single score and a failing candidate retakes the whole exam. The passing standard is a scaled score of 70. Nevada sells single-line and combined exams.

• A new Personal Lines outline takes effect on November 14, 2026.
• Prelicensing education must be finished before applying and before testing, where it's required for the license type.
• After failing, a candidate waits 24 hours before booking a retake. Online (OnVUE) candidates get two attempts per exam, and later attempts are at a test center.
• Apply for the license through Sircon within one year after passing.
• The exam covers the lines applied for, a producer's duties and Nevada law (NRS 683A.241). Using notes or reference material on the exam is a ground for discipline (NRS 683A.451(11)).

The regulator

• The Division of Insurance is part of the Department of Business and Industry (NRS 232.510). It's headed by the Commissioner of Insurance, who is appointed by, responsible to and serves at the pleasure of the Director of the Department of Business and Industry (NRS 232.820). The Commissioner is not elected and not appointed by the governor directly.
• The Commissioner needs at least two years of responsible insurance experience and may not hold another public office or have an interest in an insurer or agency (NRS 679B.020, .030).
• Insurer examinations: as often as advisable, but at least every five years, at the insurer's expense (NRS 679B.230, .290). Producers and other licensees can be examined too (NRS 679B.240).
• Hearings: a person must apply within 60 days of learning of the act complained of, and the hearing is held within 60 days. Notice of a hearing is given at least 20 days in advance. Appeals go to court under the Nevada Administrative Procedure Act (NRS 679B.310 to .370).
• Criminal matters go to the district attorney or Attorney General. The Attorney General is the Division's lawyer (NRS 679B.180).
• An insurer needs a certificate of authority (NRS 680A.060). A domestic insurer is formed under Nevada law, a foreign insurer under another state's, and an alien insurer outside the U.S. (NRS 679A.090). A reciprocal insurer operates through an attorney-in-fact (NRS 680A.040). Willfully transacting unauthorized insurance can draw a fine of up to $10,000 per act (NRS 679B.185), and anyone who helped place it is liable for unpaid claims (NRS 685B.030(5)).
• Insurers pay a premium tax of 3.5% on net direct premiums (NRS 680B.027).

Who needs a license

• No one may sell, solicit or negotiate a class of insurance in Nevada without a license for it (NRS 683A.201). An unlicensed person can be fined up to $1,000 per violation.
• Exempt: officers and employees doing executive, administrative, managerial or clerical work without commission, and employees who only answer policyholder requests without soliciting or advising on terms (NRS 683A.211).
• Agent vs. broker: a producer appointed by an insurer acts as its agent. A producer who isn't appointed is a broker, acts for the insured and can't bind the insurer (NRS 683A.321). Except for life, health, annuities and surplus lines, a broker places Nevada risks through a licensed agent of an authorized insurer.
• Lines of authority (NRS 683A.261(1)): life (including annuities), accident and health, property, casualty (including surety), variable life and variable annuity, and personal lines, which covers auto, motorcycle and residential property insurance, including flood, personal watercraft and personal excess liability. Travel, rental car, portable electronics, crop and storage insurance are limited lines, with no exam required (NRS 683A.291(2)).
• Related licenses: adjusters (public, independent, company and staff types; NRS 684A), insurance consultants (who may not be paid by producers or insurers; NRS 683C), managing general agents (NRS 683A.060), administrators (who post a bond of at least $100,000; NRS 683A.0857) and motor vehicle physical damage appraisers (NRS 684B).

Getting and keeping the license

• Requirements: age 18, no disqualifying acts, fees and the exams. Resident applicants are fingerprinted for an FBI check at their own cost (NRS 683A.251). A business entity designates a licensed person responsible for compliance and keeps a valid email address.
• Term: licenses renew every three years, on the last day of the month three years after issue (NRS 683A.261(10)).
• Late renewal: within 30 days after the renewal date with a 50% penalty. Within 12 months, reinstatement without an exam if CE is done and a penalty of twice the renewal fees is paid (NRS 683A.261(3), (6)). Military service or extended disability can support a waiver.
• Address change: business, residence or email within 30 days. A licensee who can't be found after diligent effort (a returned certified letter is enough) can be revoked without a hearing (NRS 683A.261(9)).
• Business names: a fictitious name must be approved. A name that's misleading or implies the licensee is an insurer can be disapproved (NRS 683A.301).
• Temporary license: up to 180 days, renewable once for another 180 days, for example for the spouse or representative of a producer who died or became incapacitated, or the designee of a producer called to active duty (NRS 683A.311).
• Nonresidents: licensed by reciprocity if in good standing at home (NRS 683A.271). A nonresident who moves to another state files the change within 30 days. A licensee moving to Nevada applies within 90 days to skip education and exams (NRS 683A.291(3)).

Continuing education

• 30 hours every three years, including 3 hours of ethics, related to the lines held (NAC 683A.330).
• No carryover of extra hours (NAC 683A.355).
• Keep CE certificates for four years (NAC 683A.360).
• Exempt: holders of the CPCU, CLU, CIC, CFP or ChFC designation, people with 20 years of continuous experience earning their main income in insurance, limited lines licensees and nonresidents (NAC 683A.325, .330).
• Long-term care sellers need an 8-hour course first and 4 hours in each later 24-month period (NAC 687B.051).

Appointments and terminations

• The insurer files a notice of appointment within 15 days after the contract is signed or the first application is submitted. The Commissioner has 30 days to find a producer ineligible (NRS 683A.321).
• Appointments expire June 30 each year and are renewed annually (NAC 683A.317).
• Termination: the insurer notifies the Commissioner within 30 days after the effective date, for any reason. It sends the producer a copy within 15 days (by certified mail or overnight delivery if the termination was for cause). The producer has 30 days to file comments. Good-faith reports are immune from liability (NRS 683A.331).
• Commissions go only to licensed producers appointed by the insurer, or licensed producers acting as brokers (NRS 683A.325, .361). Renewal commissions may go to someone licensed at the time of sale.

Premiums and records

• Premiums are held in a fiduciary capacity. Diverting them is embezzlement (NRS 683A.400(1)).
• The producer either remits within 15 days or deposits funds in a separate fiduciary account at a Nevada financial institution, with the licensee named as trustee (NRS 683A.400(2); NAC 683A.410). Unlimited commingling is allowed only for a principal who waived segregation in writing in advance.
• A fiduciary account shortfall must be cured within 5 days of notice. Failing to pass on a return premium within 30 days is financial irresponsibility (NAC 683A.430, .440).
• Records of a policy may be destroyed three years after it expires (NRS 683A.351).
• Self-reporting: administrative actions in other jurisdictions within 30 days of final disposition, and criminal prosecutions within 30 days of the initial pretrial hearing (NRS 683A.341).

Discipline

• Grounds include forgery, cheating on the exam, discipline in another state, knowingly accepting business from unlicensed people and failing to pay child support (NRS 683A.451).
• Penalties: probation, suspension of up to 12 months, revocation, refusal to renew, and fines of $25 to $500 per violation. A fine is due 15 to 30 days after the order, and an unpaid fine means immediate revocation (NRS 683A.461). A denied applicant gets a hearing within 30 days on request.
• Every violation of the producer chapter is also a misdemeanor (NRS 683A.490).

Unfair trade and claims practices (NRS 686A)

• Misrepresentation, including calling a policy shares of stock or misstating dividends (686A.030). False advertising (686A.040).
• Twisting: misleading comparisons to induce a lapse, surrender, loan, exchange or conversion (686A.050).
• Defamation of an insurer (686A.080) and boycott, coercion or intimidation (686A.090).
• Using the guaranty association to sell insurance is prohibited (686A.055).
• Unfair discrimination in rates or terms (686A.100). Nevada also bars adverse treatment based solely on living organ donor status (686A.105), blindness (NAC 686A.160), and sex or marital status (NAC 686A.130).
• Rebating is prohibited (686A.110 for life and health; 686A.130 for property and casualty). Both allow gifts, prizes and meals up to $100 per person per calendar year. Payroll-deduction savings may be passed on (686A.120). In property and casualty, the insured who knowingly takes a rebate violates the law too, the producer forfeits the commission, and the act is a misdemeanor (686A.130, .140).
• Fines: up to $5,000 per violation, but no more than $500 per violation for an individual licensee. Violating a cease and desist order costs up to $5,000 per violation (686A.183, .187).
• Unfair claims practices include lowball offers that force insureds to sue and advising a claimant not to get a lawyer. The insurer is liable to its insured for damages caused by these practices (NRS 686A.310).

Claims handling deadlines (NAC 686A.665 to .675)

• Acknowledge a claim within 20 working days (unless paid). Notice to an agent is notice to the insurer.
• Start investigating within 20 working days and finish within 30 days when reasonably possible.
• Accept or deny a first-party claim within 30 working days after proof of loss. Pay an accepted claim within 30 days, or pay interest.
• Respond to a Division inquiry within 10 working days.
• Warn an unrepresented claimant in writing 60 days before a time limit runs out.

Insurance fraud

• Knowingly presenting false or misleading information in a claim or application is insurance fraud, a category D felony (NRS 686A.2815, .291). The court can order restitution and investigation costs.
• Anyone with information about insurance fraud must report it to the Commissioner and the Attorney General on the prescribed form (NRS 686A.283). An insurer that suspects a loss wasn't accidental notifies them in writing, and also a law enforcement agency or fire official if fire is involved (NRS 686A.285).

Privacy

Improper disclosure of nonpublic personal information (financial and health) is an unfair practice (NRS 686A.025; NAC 679B.8295). Licensees give an initial privacy notice when the customer relationship begins and an annual notice after that (NAC 679B.842).

Surplus lines

• Coverage may be exported only if the full amount isn't available from authorized insurers after a diligent effort, and never just to get a lower rate (NRS 685A.040). The broker shows that at least three insurers writing that line in Nevada declined, unless the buyer is an exempt commercial purchaser (NAC 685A.215).
• An eligible surplus lines insurer generally needs $15 million in capital and surplus (NRS 685A.070).
• The policy is stamped to say the insurer isn't licensed by the Division and isn't covered by the Nevada Insurance Guaranty Association (NRS 685A.090).
• The broker reports within 90 days, keeps records 5 years, and pays premium tax quarterly (NRS 685A.050, .160, .175, .180).

Guaranty associations

• Nevada Life and Health Insurance Guaranty Association (NRS 686C.210): $300,000 life death benefits (no more than $100,000 cash value), $250,000 annuity present value, $500,000 health benefit plans, $300,000 each for disability income and long-term care, $100,000 other health, and $5,000,000 for one owner of multiple policies. Variable separate accounts aren't covered.
• Nevada Insurance Guaranty Association (NRS 687A.060): the lesser of the policy limit or $300,000 per occurrence, $10,000 for unearned premium per policy, and workers' compensation in full. First-party claims of insureds worth more than $10 million are excluded, as are third-party claims under policies of insureds worth more than $25 million (except workers' compensation).

Common exam traps

• The Commissioner answers to the Director of Business and Industry.
• License term and CE: 3 years and 30 hours, with 3 ethics and no carryover.
• Terminations: 30 days, any reason. Appointments: 15 days.
• Gifts up to $100 a year are allowed in both life/health and property/casualty.
• Insurance fraud is a category D felony, reported to the Commissioner and the Attorney General.
• Commingling with written advance waiver is permitted in Nevada.