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  • Si-02 Application For Self Insurance - Nevada Department Of Motor ... - Dmv Nv

Get Si-02 Application For Self Insurance - Nevada Department Of Motor ... - Dmv Nv

Central Services and Records Division Processing Center 555 Wright Way Carson City, Nevada 89711 (775) 684-4491 Email: DMVSelfInsurance dmv.nv.gov APPLICATION FOR SELF-INSURANCE (NRS 485.380) Assigned.

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How to fill out the SI-02 Application For Self Insurance - Nevada Department Of Motor Vehicles online

Completing the SI-02 Application for Self Insurance is an essential step for individuals or businesses seeking to self-insure their motor vehicles in Nevada. This guide provides a clear, step-by-step process to help users successfully fill out and submit the application online.

Follow the steps to complete your application effectively.

  1. Press the ‘Get Form’ button to access and open the SI-02 Application for Self Insurance in your preferred online document editor.
  2. Fill in the assigned self-insurance certificate number, if applicable. If you are a new applicant, you may leave this section blank.
  3. Complete the 'Self-Insurance Applicant' section by entering your business's DBA name and mailing address, ensuring all fields are filled out clearly, including street, city, state, and zip code.
  4. Provide your physical address and business telephone and fax numbers. Ensure that these details are accurate and up-to-date.
  5. Indicate your business structure by selecting one of the options: Individual, Sole Proprietorship, Partnership, LLP, LLC, or Corporation. Fill in the state of incorporation if applicable.
  6. If you are submitting a joint application, attach a notarized copy of the indemnity agreement as instructed.
  7. List the ownership information by providing the name and title of each officer in your business. If necessary, use a separate page for this information.
  8. Select the reason for submission. Mark whether it is an original application, renewal, or changes to business ownership, name, address, or officer(s). Specify old and new information if applicable.
  9. Answer all required questions thoroughly with 'Yes' or 'No' where indicated. Provide explanations as needed for any 'Yes' responses.
  10. Confirm you have included any supporting documents mentioned (e.g., CPA Affidavit of Audit and Current Financial Ratio, Self-Insurance Loss Experience Record form).
  11. Sign the application at the bottom, including your printed name, title, and date. Ensure that the individual signing has the authority to do so.
  12. If required, complete the notarization section. A notary public must sign and date this section if applicable.
  13. Once completed, you can save your changes, download the application, print it, or share it as needed.

Start filling out the SI-02 Application for Self Insurance online today to ensure your self-insurance needs are met.

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Nevada requires that automobile liability insurance policies carry minimum coverage of $25,000 for bodily injury or death of one person in any one accident; $50,000 for bodily injury or death of two or more persons in any one accident; and $20,000 for injury to or destruction of property of others in any one accident.

Applicant must have more than 10 vehicles actively registered in Nevada under the name of the self- insurance applicant to qualify for Self-Insurance. The Application for Self-Insurance must be completed in full and signed by a principal of the business.

What Is Self-Insurance? Self-insurance involves setting aside your own money to pay for a possible loss instead of purchasing insurance and expecting an insurance company to reimburse you.

“In California, you can self insure, purchase a surety bond, or pay a cash deposit to the DMV instead of obtaining traditional car insurance. To do so, you'll need to contact the DMV. However, you should keep in mind that you're only able to self insure if you have more than 25 vehicles in your name.

Does Nevada allow Evidence of Insurance to be presented on a cell phone? Yes. Evidence of Insurance may be presented on a printed card or in an electronic format to be displayed on a mobile electronic device. Insurers are not required to provide electronic evidence.

Self insurance car is an option in some states that allows the vehicle owner to assume all of the responsibility for protecting their car. Self insuring also means that you will take responsibility for any of the financial risks resulting from the losses.

Someone who is self-insured is taking on the financial risks associated with insuring their vehicle. This means if there is an accident, they are responsible for paying for all the damage they caused to the other driver and their property, as well as any damage to their own vehicle.

When you self-insure, you basically set aside extra funds to pay for any accidents or bills yourself. You do not have insurance to cover emergency needs. Instead, you plan to pay for everything out of your own pocket. Putting it simply, this means that if your home burns down, you will have to pay to rebuild it.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232