The specific limitations are set forth in the policy or the endorsement required by NRS 485.186 . Underwriting Standards NAC 690B.210 Definitions. Commercial automobile means a motor vehicle not rated under rules for private automobiles for passengers. Company rules means the standards established and used by an insurer for underwriting, rating, cancellation, or nonrenewal of insurance for automobiles. Date of incident means the actual day on which a person engages in the activity which results in a citation for a violation of a traffic law or the day on which he is involved in an accident involving a motor vehicle.
Division means the division of insurance of the department of business and industry.
Incident means an activity resulting in a conviction for a violation of a traffic law, a chargeable accident, or both. For underwriting, rating, cancellation, or nonrenewal of insurance for automobiles, an insurer may consider any chargeable accident. Each insurer shall file with the division its definition of a chargeable accident and shall use the filed definition. The insurer s definition of a chargeable accident may include only those accidents for which the insured is 50 percent or more at fault. Each filing of a rate for insurance for automobiles submitted to the division must define a chargeable accident in terms of a monetary amount of damage.