Nevada Division of Insurance - Tort System

THE TORT SYSTEM

Insurance provides protection to consumers by assuming certain risks and promising to pay for financial loss. The type of insurance you buy will be based on how the financial loss can occur. In Nevada, legal and financial responsibility is based upon the law of negligence. A negligent act which causes damage is legally known as a tort. If an accident is your fault, that is, you are negligent, you are responsible for bodily injury and property damages suffered by the innocent party.

Source: Nevada Division of Insurance