How Long Does an Accident Affect your Auto Insurance Rate in Nevada?
Reader’s Question:
In Nevada, how long does an accident affect your auto insurance rates?
Jane
Henderson, NV
As part of the rating system and to provide you an accurate quote for your insurance rates the Division of Insurance permits insurance providers to request information on the description of your car, its use, your motorist license number, the coverage and limits you want in your policy, number and ages of motorist in your household and what tickets and accidents you have had in the last 3 to 5 years.
From this DOI information it would appear that insurance providers in Nevada can rate on accidents for a period of 3 to 5 years. The length of time that the accident will affect your car insurance rates will likely depends on the type of accident you were in and your individual insurance carrier’s rating system. You should be able to check the rating system from your agent or from contacting the NV DOI since insurance companies file their rates with this state agency.
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