AB 437
Provides for the establishment of the Fair Access to Insurance Requirements Plan. (BDR 57-103)
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill establishes the Fair Access to Insurance Requirements (FAIR) Plan, a state-run insurance program designed to provide property and commercial property insurance coverage when such coverage isn't available from private insurers. The plan will be administered by a Board of Directors and a FAIR Plan Association, requiring authorized insurers to become members. The goal is to ensure that property owners in Nevada have access to insurance, particularly in areas where coverage is limited.
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