Why is NMVTIS important?
Some 570,000 vehicles were affected by 2005 hurricanes. These vehicles are now perfect targets for vehicle title fraud ("brand washing").
- 1.3 million vehicles are stolen each year
- Auto fraud is a profitable business
- Auto theft alone costs consumers and insurance companies $8 billion per year.
- Only 63% of vehicles reported stolen are recovered
- Some 570,000 vehicles were affected by 2005 hurricanes. These vehicles are now perfect targets fro vehicle title fraud (“brand washing”)
- “VIN Cloning” is a growing trend
- A clear link has been demonstrated between auto theft and terrorist activities.
What is NMVTIS?
A system that allows the titling agency to instantly and reliably verify the information on the paper title with the electronic data from the state that issued the title.
Documentation
For NMVTIS specifications and procedures, please contact AAMVA's help desk at helpdesk@aamva.org or call 1-888-226-8280 option3.
For background information on NMVTIS, visit www.vehiclehistory.gov