Use of Insurance Company Statement of Fact (Form VTR-331-INS)

Please review and distribute as appropriate.

Effective June 22, 2020, the Insurance Company Statement of Fact (Form VTR-331-INS) may be submitted as ownership evidence by an insurance company through webSALVAGE.  Programming changes have been made to webSALVAGE to enable selection of Form VTR-331-INS as an ownership evidence type. 

Existing requirements for permissible use of Form VTR-331-INS remain unchanged.  Any unassigned or improperly assigned title in the insurance company’s possession must be surrendered when applying for title.  In webSALVAGE, this would be done by stamping SURRENDERED on the front and back of the title and uploading a copy of the front and back of the title along with the Form VTR-331-INS.

Thank you,

Jeremiah Kuntz, Director
Vehicle Titles and Registration Division
Texas Department of Motor Vehicles

If you have any questions concerning this communication, please contact your local TxDMV Regional Service Center.

 

 

Source: Insurance Industry
Use of Insurance Company Statement of Fact (Form VTR-331-INS)

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