Motor Vehicle Reports | Traffic Violations and Accidents for Potential Insureds
Unfortunately, some of your potential clients are not always straightforward about their driving histories. They may not remember every traffic violation and often provide incomplete data. Motor vehicle reports (MVRs) give you the timely, detailed, and reliable information you need for effective automobile underwriting. Verisk’s MVR program is comprehensive yet controls costs.
How does it work?
To access MVRs, simply provide a few pieces of information — in most jurisdictions just the policyholder's name, date of birth, and driver's license number — and the system returns a comprehensive report detailing traffic violations and accidents.
The system features interactive processing where available to deliver data immediately. That means you can verify information from applicants before you write the business, virtually eliminating rejected applicants and costly resubmissions. You’ll have all the information you need to rate each risk appropriately.
Using Verisk Insurance Solutions’ motor vehicle reports, you’ll work smarter instead of harder — and have the information you need, when you need it, to make more effective automobile underwriting decisions.
Need information about MVR compliance, contracts, or forms?