Nevada Revised Statutes 691C.260 – Coverage
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Credit personal property insurance must:
Terms Used In Nevada Revised Statutes 691C.260
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Personal property: All property that is not real property.
1. At a minimum, include the coverage in the standard fire policy with coverage attachment and extended coverage endorsement; and
2. Cover a substantial risk of loss of or damage to the property related to the credit transaction.