The Department of Justice (DOJ) has begun auditing insurer National Motor Vehicle Title Information System (NMVTIS) reporting. Failure to comply with reporting requirements can result in a $1,000 fine for each unreported vehicle identification number (VIN).
You don’t need to take that risk. If your company is an ISO ClaimSearch® auto participant, you can report to NMVTIS through ISO ClaimSearch and comply for free.
The American Association of Motor Vehicle Administrators (AAMVA) has designated ISO ClaimSearch as an authorized “data consolidator” for reporting information to NMVTIS.
In this online training session, available only to ISO ClaimSearch users, you’ll learn:
- who must report to NMVTIS
- how to report to NMVTIS through ISO ClaimSearch
- what vehicles you’re required to report
- what salvages you’re required to report
- what fields you’re required to report
- how to review our NMVTIS management reports to verify compliance
During the web seminar, you’ll hear from the DOJ’s enforcement coordinator, who will speak about the history of NMVTIS and current developments in the reporting regulations.
The web seminar is free of charge for all users who participate in the auto layer of ISO ClaimSearch. You may register as many representatives as you wish.
More on NMVTIS
Insurers, salvage pools, recyclers, shredders, dismantlers, and junk yards can report required information through ISO ClaimSearch to comply with the NMVTIS reporting requirements. The goal of NMVTIS is to help prevent the introduction or reintroduction of total-loss vehicles into interstate commerce. NMVTIS has established rules for compliance by state DMVs, insurers, and junk and salvage companies.
Don’t have time to attend the training web seminar?
For more information, you can contact Customer Support: Call 1-800-888-4476, or send an e-mail to ClaimSearchNMVTIS@iso.com