Premium defined.
Nev. Rev. Stat. § 692A.041
in effect1. Premium means charges for:
(a) Assuming a risk;
(b) Abstracting, searching and examining title to determine insurability; and
(c) Any other activity associated with the assumption of risk.
2. Premium does not include charges for:
(a) Escrow;
(b) Settlement or closing; or
(c) Other special services not associated with the assumption of risk,
Ê whether or not they are called premiums.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-692A.htmlFetched: 10/4/2026