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High auto insurance rates expected to continue to climb in Nevada

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High auto insurance rates expected to continue to climb in Nevada


LAS VEGAS (KTNV) — Many in the Las Vegas Valley have seen their car insurance rates increase in recent months.

UNLV employee and car insurance customer Marde Closson says her auto insurance costs have gone up close to $100 per month.

“I think it’s ridiculous because my insurance company hasn’t had to pay out anything for me and my driving,” Closson says.

In order to raise rates here, auto insurance companies must first get approval from the Nevada Division of Insurance.

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On Monday, the state approved what is slated to be a 16% (on average) rate increase for over 470,000 State Farm customers in the state, which will go into effect on May 6.

Later this month, rates for thousands of Farmers Insurance auto customers are slated to go up nearly 20%.

The driver, as with so many economic changes since the pandemic, is caused by multiple factors.

First, car insurance is expensive anyway here in Southern Nevada, partly because the roads are so crowded.

Many workers commute for second or third shift jobs, which means there are always cars on the roadways.

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Also, automobile thefts are up. Partly due to social media trends that made it trendy to steal certain makes and models, auto thefts are up over 30% from last year to
this year, according to Metro Police.

But there are other factors — supply chain issues with auto parts, labor shortages within the repair industry, and medical claim cost increases.

In an email to Channel 13, Janet Ruiz of the Insurance Information Institute, says there are also more crashes in recent years.

“The cost of auto claims has soared since the pandemic began in 2020,” Ruiz says.

Nevada Insurance Commissioner Scott Kipper says it is possible that some of these market forces ease in the coming months, but he says that’s not likely to happen in the next 6-9 months.

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He says, however, that there are some things car insurance customers can do to try to save some money.

“Make sure you have the right amount of coverage because sometimes you can have too much, especially as your automobile ages,” Kipper said. “Also, find out if you’re taking advantage of all of your available discounts. The third thing we tell people is just to shop around. There are over 100 carriers writing personal auto insurance lines in Nevada.”





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Nevada State Police averts ‘udder chaos’ in Eureka County

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Nevada State Police averts ‘udder chaos’ in Eureka County


EUREKA COUNTY, Nev. (KOLO) – On Friday, Feb. 27, the Nevada State Police assisted with a cattle crossing on State Route 306 at Interstate 80 in Eureka County.

“While not an everyday part of our job, we like to do our part to assist our local ranchers while keeping traffic from turning into udder chaos,” according to an agency Facebook post. “It was a perfect opportunity to be outside (even if our animal friends were a little moo-dy).”



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Nye County Sheriff urges caution after deadly month on rural Nevada roads

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Nye County Sheriff urges caution after deadly month on rural Nevada roads


A string of deadly crashes in and around Pahrump has prompted Nye County Sheriff Joe McGill to push for more safety measures along dark, sidewalk-free roads.

“The worst penalty is death, if you consider that,” McGill said.

The recent deaths include a single-vehicle rollover on State Route 160 during the morning hours of the last Wednesday in January that killed one person and injured another.

Then, into February, two pedestrians were killed in less than three days.

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The first was a 7 p.m. crash on Quarter Horse Avenue. Investigators believe a 2006 Jeep Liberty was driving on the street when it hit a pedestrian, who was pronounced dead at the scene.

A few days later, this last Saturday, state troopers responded to a crash just after sundown at Charleston Park Avenue. A sedan hit a pedestrian, who was also pronounced dead at the scene.

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Nevada State Police investigators are still investigating both pedestrian cases before more details are released.

McGill said the recent crashes were enough to spur action.

“When the third one came out, I was sitting at home and watching TV. I looked at my wife and I said, ‘We got to do something about this,’” McGill said.

McGill is responding with a reflective vest giveaway, pointing to limited infrastructure as a possible factor. He noted a lack of street lights off State Route 160 and no sidewalks inside the community.

“The only light that you have is the ambient light from houses and cars so it is really dark,” McGill said.

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John Treanor of AAA Nevada said poor visibility can quickly turn dangerous for both drivers and pedestrians.

“It is very easy to be confronted with a situation that you cannot see coming because the visibility might be bad,” Treanor said.

Treanor encouraged pedestrians to carry lights and drivers to be prepared if they end up outside their vehicles in dark conditions.

“Having lights on you. Even carrying a flashlight allows something where a driver can see it,” Treanor said. “If you are a driver, make sure you have the right stuff in your car, in case you do get in a situation where you are on the side of the road and now you are in dark. Make sure you have a kit with some reflectors, some lights. Anything the trunk of your car in case you need it.”

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McGill said vigilance is important even in daylight.

“Any time of the day, you have got to be vigilant. You have to keep aware of your surroundings if you are a walker or on a bicycle or if you are the driver,” he said.

Authorities also urged caution as more people may pull off roads in rocky areas along the route toward Death Valley National Park during springtime blooms, increasing the need for drivers and pedestrians to stay alert.

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Mansion on the Nevada Side of Lake Tahoe Swiftly Sells for $46 Million

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Mansion on the Nevada Side of Lake Tahoe Swiftly Sells for  Million


A waterfront mansion on the Nevada side of Lake Tahoe just sold for $46 million, less than three weeks after hitting the market. 

The speedy deal marks a departure from the typical U.S. market.

Nationwide, homes took a median 78 days to land a buyer in January, five more than the same time last year and the 22nd straight month of homes taking longer to sell on a year-over-year basis, according to data from Realtor.com. 

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The lavish log cabin-like residence, in Incline Village, listed on Jan. 24 for $47.5 million. It sold 20 days later, on Feb. 13, listing records show. 

The more than 7,000-square-foot residence was built in 2014, and has double-height living spaces, walls of windows, beamed ceilings, fireplaces, and plenty of rustic exposed stone and wood, listing images show. 

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There’s also a gym, a wet bar, a spa, a wine room, an office, two separate game rooms, seven bedrooms and dramatic Lake Tahoe views. Outside, there’s a private sandy beach, multiple decks, a heated driveway and two exterior fireplaces, according to listing information. 

MORE: Visited by Kings and Larger Than Manhattan, Giant Scottish Estate Asks £67 Million

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The seller and the buyer are both limited liability companies, according to property records. Both parties were represented by Jeff Brown of Tahoe Mountain Realty, who declined to comment on the deal. 

The median home price in Incline Village was $1.595 million as of December, a fall of 3.3% from a year earlier, according to data from Realtor.com. Listings, meanwhile, spent an average of 130 days on the market. 



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