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Nevada Statutory Deposit Requirements

Domestic Traditional Insurers

For companies that are authorized to write single or multiline Property, Casualty (excluding Workers’ Compensation), Marine and Transportation, Life, Health, and Surety insurance, the deposit is defined by NRS 680A.140(1). Minimum deposit is $500,000.

Foreign Traditional Insurers

For companies that are authorized to write single or multiline Property, Casualty (excluding Workers’ Compensation), Marine and Transportation, Life, Health, Title and Surety insurance, there is a Special Deposit defined by NRS 682B.015. The Commissioner has set the minimum acceptable value for this deposit at $200,000 (lower of market or par).

Casualty, Including Workers’ Compensation

Foreign and domestic P&C insurers authorized for the “Casualty, including Workers’ Compensation” line of business must pledge an additional minimum special deposit of $100,000, set by the Commissioner, per NRS 682B.015.

Other Insurance Companies

Captive Insurers

NAC 694C.240 provides for the use of cash, or securities approved by the Commissioner, if required of a domestic captive insurer.

Health Maintenance Organizations

For a health maintenance organization, a surety bond or deposit of securities of at least $250,000 for the protection of enrollees of this State, per NAC 695C.130(2). The securities must be of the kind acceptable to the Commissioner of Insurance (see Additional Information below). A domestic HMO must also maintain at least $500,000 of its required minimum net worth in the form of cash or securities for the sole benefit and protection of enrollees of this State, per NAC 695C.130(3). Please refer to NAC 695C.130, 695C 130 and NAC 695C.137 for more on these and other financial requirements.

Motor Clubs

$100,000 in surety bond or securities as detailed by NRS 696A.080.

Organizations for Dental Care

Dental plans must file a surety bond or deposit securities that qualify as allowable investments in the amount of $250,000 to guarantee the organization’s performance on obligations, per NRS 695D.170. The Commissioner may reduce the deposit amount if obligations can be satisfied for less than $125,000.

Premium Finance Companies

$50,000 surety bond payable to the State of Nevada, executed by a surety company authorized to do business in Nevada established by NRS 696A.360.

Prepaid Limited Health Service Organizations

$250,000 surety bond or deposit of securities that the NAIC deems as allowable investments for an HMO for the protection of enrollees, per NRS 695F.200(2). Please refer to NRS 695F.190, NRS 695F.200, NRS 695F.210 and NAC 695F.200 for other financial requirements.

Additional Information

Surety bonds are required to be issued by an insurer authorized/admitted in Nevada and must contain a 90-day notice of cancellation provision.

If not otherwise prohibited, the following are acceptable securities at lowest of market or par value:

  1. US Treasury notes or bonds.
  2. Government agency, corporate or municipal bonds rated A, or better, without sinking fund (principal pay-downs) or call provisions.
  3. CD or time deposit issued by an FDIC approved bank with a minimum 1 year maturity.
  4. Any security rated One (1) by the NAIC's SVO (Security Valuation Office).

There must be at least one year remaining duration on all proposed deposits.

Other actions that may affect your statutory deposits include:

  • Adding or withdrawing lines of business
  • Surrendering your Certificate of Authority

For additional requirements, see Company License Withdrawals.

Your NV Division of Insurance contact for all topics relating to statutory deposits:


Robert Gallegos
Corporate & Financial Affairs
(775) 687-0748