{"data":{"id":"us-nv/nrs-687b.186","jurisdiction":"us-nv","citation":"NRS 687B.186","heading":"Binders: Proof of insurance coverage; penalties for refusal to accept; exception.","body":"1. A binder which is issued in accordance with NRS 687B.182 to 687B.187, inclusive, shall be deemed a policy for the purpose of proving that a person has insurance coverage.\n2. Any party to a contract or other agreement who refuses to accept such a binder as proof of insurance when that proof is required by that contract or agreement:\n(a) Shall be fined not more than $500.\n(b) Is liable to the party presenting the binder as proof of insurance for actual damages sustained therefrom.\n3. The provisions of this section do not apply to a binder related to a policy of insurance which provides coverage of at least $1,000,000.","path":["TITLE 57 — INSURANCE","CHAPTER 687B - CONTRACTS OF INSURANCE","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-687B.html#NRS687BSec186","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"7ba304c8a2df579cd14906fa4e34ef8587616355eabb9bfb205a4a266501c945","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-687b.185","next":"us-nv/nrs-687b.187"},"notice":"GroundRules: Original legal text. Not legal advice."}