“Principal residence” defined.

“Principal residence” means, for the purpose of determining the home state of the insured: 1. The state where the insured resides for the greatest number of days during a calendar year; or 2. If the insured’s principal residence is located outside of any state, the state to which the greatest percentage of the insured’s taxable premium for that insurance contract is allocated. (Added to NRS by 2011, 2011)