Sciarratta v. Foremost Ins. Co. Grand Rapids Mich. (Nevada)

(November 2021) - In Sciarratta v. Foremost Ins. Co. Grand Rapids Mich., 491 P.3d 7, 137 Nev. Adv. Rep. 32 (Nev. 2021), the Nevada Supreme Court recently held that a personal umbrella policy is not a "policy of motor vehicle insurance," and therefore was not subject to a statutory requirement that such a policy's exclusions be presented on a form promulgated by the Nevada Division of Insurance.

Liability insurance, by its very nature, generally pays funds to third parties for damages that are caused by the insured, as opposed to first-party insurance, such as health insurance or uninsured/underinsured motorist (UM/UIM) coverage, which pays funds directly to insureds. Umbrella insurance is a type of personal liability insurance that pays claims in excess of other insurance coverage.