Nevada Insurance Fraud Laws
Generally, insurance fraud occurs when an insured person files a false or exaggerated insurance claim. However, insurance fraud can also be committed on consumers via bogus insurance policies or underpaying valid claims. This article provides a brief overview of Nevada's insurance fraud laws.
|Nevada Code section 686A.2815: Insurance Fraud|
|Knowingly and willfully:
Criminal Penalty for Insurance Fraud
A person who commits insurance fraud in Nevada is guilty of a category D felony, can face up to four years in prison, and may be ordered to pay a fine of up to $5,000. Additionally, the offender may also be ordered to pay restitution to the victim.
How to Report Insurance Fraud in Nevada
Insurance companies in Nevada are required by law to report suspicious insurance claims to the Insurance Fraud Unit (IFU). However, concerned citizens can also report potentially fraudulent activity to the IFU via their consumer complaints website.
State laws change frequently. For case specific information regarding Nevada's insurance fraud laws contact a local criminal defense lawyer.
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