SB1 revises Nevada's short-term car lease laws, allowing but not requiring lessors to ask for proof of insurance.

SB1 modifies Nevada's short-term car lease regulations, allowing lessors to request proof of insurance but not requiring it. If a lessee cannot provide proof, the lessor may sell a temporary policy, refer to a third-party, or refuse the lease. The bill also mandates that lessors disclose waiver of damages charges in advertisements and prohibits unfair, deceptive, or coercive practices. The charge for a waiver of damages is subject to annual adjustments based on the Consumer Price Index.

SB1 revises Nevada's short-term car lease laws, allowing but not requiring lessors to ask for proof of insurance.

SB1 modifies Nevada's short-term car lease regulations, allowing lessors to request proof of insurance but not requiring it. If a lessee cannot provide proof, the lessor may sell a temporary policy, refer to a third-party, or refuse the lease. The bill also mandates that lessors disclose waiver of damages charges in advertisements and prohibits unfair, deceptive, or coercive practices. The charge for a waiver of damages is subject to annual adjustments based on the Consumer Price Index.