Nevada § 691C.420 Denial of claim because debtor ineligible for coverage or misrepresented material fact; refund

Nevada Statutes

§ 691C.420 — Denial of claim because debtor ineligible for coverage or misrepresented material fact; refund

Nevada § 691C.420

Title 57INSURANCE

Ch. 691CCredit

This text of Nevada § 691C.420 (Denial of claim because debtor ineligible for coverage or misrepresented material fact; refund) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 691C.420 (2026).

Text

A claim made pursuant to credit personal property insurance must not be denied more than 60 days after the initiation of coverage because the debtor was ineligible for coverage unless the debtor misrepresented a material fact. If a claim is denied within 60 days after the initiation of coverage because the debtor was ineligible for coverage or because the debtor misrepresented a material fact, the insurer shall refund to the debtor any premium paid and the creditor shall refund to the debtor any finance charge paid on the premium.

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A claim made pursuant to credit personal property insurance must not be denied more than 60 days after the initiation of coverage because the debtor was ineligible for coverage unless the debtor misrepresented a material fact. If a claim is denied within 60 days after the initiation of coverage because the debtor was ineligible for coverage or because the debtor misrepresented a material fact, the insurer shall refund to the debtor any premium paid and the creditor shall refund to the debtor any finance charge paid on the premium.