687B.187 - Binders: Disapproval of insurer. - Nevada Statutes

687B.187  Binders: Disapproval of insurer.  NRS 687B.182 to 687B.187, inclusive, do not prevent the exercise of a right to disapprove of the insurer or its representative on the basis of:

      1.  The adequacy and terms of the coverage with respect to the interest of the vendor, lender, lessor or other person providing a service to the insured;

      2.  The financial standards to be met by the insurer; or

      3.  The ability of the insurer or its representative to service the policy.

      (Added to NRS by 1983, 1120)