|PR Newswire Association LLC|
NICB member insurance companies have provided extra resources to tow damaged vehicles and dispose of them, and are working with NICB to ensure all of the Vehicle Identification Numbers (VINs) of these vehicles are reported to the National Motor Vehicle Title Information System (NMVTIS) at www.vehiclehistory.gov.
NICB's efforts are focused on making sure these damaged vehicles are identified. Using VINCheck(SM), consumers can enter the VIN of a vehicle they are interested in purchasing to see if it has ever been declared as salvage. VINCheck, available free of charge at www.nicb.org, provides access to information from insurance companies representing nearly 90 percent of the insured, private passenger market. It was created in the aftermath of Hurricane Katrina.
"Despite everyone's best efforts, there will be cases where damaged vehicles are cleaned up, dried out and sold by unscrupulous dealers or individuals who know how to beat the system," said NICB President and CEO
NICB is also warning victims of Sandy to be on the lookout for contractors who may try to take advantage of the situation by offering to do repairs in return for an advance payment or insurance check. Unscrupulous contractors may take the money and run, inflicting more financial damage and suffering on the victim.
Anyone with information concerning vehicle theft and insurance fraud can report it anonymously by calling toll-free 1-800-TEL-NICB (1-800-835-6422), texting keyword "fraud" to TIP411 (847411) or by visiting our website at www.nicb.org. Or, iPhone or iPad users can download the NICB Fraud Tips app to make it easy to quickly send a tip and get a response.