The Anti-Car Theft Act of 1992 established the National Motor Vehicle Title Information System (NMVTIS) to help prevent the introduction or reintroduction of stolen and salvaged motor vehicles into interstate commerce. The American Association of Motor Vehicle Administrators (AAMVA) operates the service.
NMVTIS intends to provide authorized recipients with instant and reliable access to motor vehicle titling information each state maintains. NMVTIS is in operation in a number of states.
In January of 2009, the U.S. Department of Justice (DOJ) issued a final rule implementing requirements for insurance carriers, junk yards, salvage yards, and salvage pools to provide NMVTIS with reports on salvage vehicles. The rule is effective beginning March 31, 2009.
For insurers, the rule defines salvage as “a total loss under the applicable laws of the state or designated as total loss by the insurance carrier under the terms of its policies…" As a result, the rule requires insurers to report “total loss” automobiles to NMVTIS. Junk yards, salvage yards and pools, recyclers and shredders must report salvaged vehicles, as well as the disposition of the salvage.
Auto recyclers, shredders, dismantlers, and junk yards must report information on vehicles that come into their inventory within the previous 30 days.
The American Association of Motor Vehicle Administration (AAMVA) has designated ISO ClaimSearch® as a “data consolidator.” Insurers, salvage pools, recyclers, shredders, dismantlers, and junk yards can comply with the NMVTIS requirements by reporting the required data to ISO ClaimSearch. In turn, ISO ClaimSearch will report to NMVTIS on behalf distributing companies to fulfill their compliance needs.
For more information
To request information on the ISO-ClaimSearch-NMVTIS-Home.html ClaimSearch NMVTIS Compliance Reporting Service, send e-mail to email@example.com or call us at 1-800-888-4476.
We look forward to supporting your compliance with the NMVTIS rules.