Insurer prohibited from requiring bundling of other credit insurance coverage with purchase of credit personal property insurance or using gross debt to determine premiums.

NRS 691C.270 Insurer prohibited from requiring bundling of other credit insurance coverage with purchase of credit personal property insurance or using gross debt to determine premiums. 1. An insurer shall not: (a) Require the bundling of other credit insurance coverage with the purchase of credit personal property insurance; and (b) Use gross debt in any manner to determine the premiums for credit personal property insurance. 2. A debtor must have a choice to purchase credit personal property insurance separately from other credit insurance coverage. (Added to NRS by 2005, 2108)