Insurer of mobile homes to offer coverage which pays market value in event of total loss of mobile home.
1. Each insurer which provides property insurance covering mobile homes in Nevada shall offer, in addition to any other insurance, insurance to pay the market value of the mobile home in the event of a total loss of the mobile home.
2. Nothing in this section requires any insurer to offer any insurance on mobile homes at a premium which is not fair and adequate.
Last modified: February 27, 2006