Reno Insurance Lawyer
Consult with a Proven Reno Insurance Lawyer
The proven Reno insurance lawyer professionals at the Laxalt & Nomura, LTD law firm are experienced in the effective handling of insurance related lawsuits, as it pertains to Nevada insurance law.
Contact a Reno Insurance Attorney with
Experience Litigating Many Types of Insurance Incidents:
- Reno Car Insurance Lawyer
- Reno Casualty Insurance Lawyer
- Reno Commercial Insurance Lawyer
- Reno Consumer Fraud Lawyer
- Reno Disability Insurance Lawyer
- Reno Fire Insurance Lawyer
- Reno First Party Insurance Lawyer
- Reno First and Third Party Insurance Lawyer
- Reno Flood Insurance Lawyer
- Reno General Liability Insurance Lawyer
- Reno Homeowners Insurance Lawyer
- Reno Insurance Bad Faith Lawyer
- Reno Insurance Lawyer
- Reno Property Insurance Lawyer
The term “insurance” is a contractual agreement; most commonly refers to the instance of an insurance policy, which legally binds the insurer to cover the cost of all or any portion of damages suffered by the insured party as defined in the policy. In its essence, the purpose of insurance is to measure the risks of a potential loss from the insured party. The area of Nevada insurance law involves the Federal laws and state statutes regulating the business and commercial conduct of the insurance industry.
While types of insurance vary widely in Nevada, their primary goal is to allocate the risks of a loss from the individual to a great number of people. Each individual pays a “premium” into a pool, from which losses are paid out. The premium is not returnable if a loss is not suffered; in that case the payment is for ‘peace of mind”. Thus, when a loss is suffered, the loss is spread to the people contributing to the pool. To ensure these pools are properly managed and adequately funded, the government and the courts heavily regulate the insurance industry in Nevada.
Laxalt & Nomura, LTD
The Reno Insurance Lawyer Source
The Reno insurance lawyer professionals of Laxalt & Nomura, LTD law firm are distinguished by a history of successful recoveries. If you or your family has become involved in an insurance dispute, please call a Reno insurance attorney with the Laxalt & Nomura, LTD law firm in Nevada.