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Press Release

July 1, 2008

Insurers Invite Auto Buyers to Check Vehicle History

Thinking about buying a used car?  If so, before you sign the contract, check out that vehicle’s history using a free service just launched by the National Insurance Crime Bureau (NICB) that will let you know if that great deal is really a totaled vehicle with a make-over.

“Our goal is to provide as much information as possible to consumers—at no charge—to protect them against fraudulent used car sales and potentially deadly accidents from driving unsafe vehicles,” said Robert M. Bryant, NICB President and Chief Executive Officer. 

“NICB’s membership includes over 1,000 property and casualty insurance companies, which collectively, insure roughly 91 percent of the vehicles on the road.  When one of those vehicles is declared a total loss and sold for salvage, our members do not want them being rebuilt and fraudulently resold to unsuspecting consumers. 

Nevada consumers can access this free service by going to the Nevada Insurance Council (NIC) website, www.nevadainsurancecouncil.com, and clicking on the link provided.

The NIC provides information to consumers on a number of issues related to property and casualty insurance.  Additional information on the website includes tips on doing a home inventory, fraud prevention, steps to take before leaving your home for vacation, and a guide to fire safety.

“We attempt to help consumers by making important information available in one place,” said Michael Geeser, president of the NIC.  “For example, during the Fernley flood, we posted toll-free numbers for victims to use to contact their insurers.  We also provide on-going information that consumers need to ensure that they protect themselves and their property.   Our website is updated frequently, and we encourage Nevadans to make use of this valuable resource.”

 

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