1. The nonresident owner of a motor vehicle not registered in this State or a nonresident operator of a motor vehicle may give proof of financial responsibility by filing with the Department a written certificate of an insurance carrier authorized to transact business:
(a) If the insurance provides coverage for the vehicle, in the state in which the motor vehicle described in the certificate is registered; or
(b) If the insurance provides coverage for the operator only, in the state in which the insured resides,
if the certificate otherwise conforms to the provisions of this chapter.
2. The Department shall accept the proof upon condition that the insurance carrier complies with the following provisions with respect to the policies so certified:
(a) The insurance carrier shall execute a power of attorney authorizing the Director to accept service on its behalf of notice or process in any action arising out of a crash involving a motor vehicle in this State; and
(b) The insurance carrier shall agree in writing that the policies shall be deemed to conform with the laws of this State relating to the terms of liability policies for owners of motor vehicles.
3. If any insurance carrier not authorized to transact business in this State, which has qualified to furnish proof of financial responsibility, defaults in any undertakings or agreements, the Department shall not thereafter accept as proof any certificate of that carrier whether theretofore filed or thereafter tendered as proof, as long as the default continues.
(Added to NRS by 1957, 725; A 1961, 146; 1985, 1958; 1987, 1094; 1999, 3586; 2015, 1651)