The National Insurance Crime Bureau (NICB), based in Des Plaines, Ill., recently announced that it has launched a free service to help protect the nation’s consumers.
Over one million vehicles have been stolen annually in the United States since 1986, according to NICB’s release. With an annual average recovery rate of just 63 percent, several million vehicles remain unaccounted for and could possibly end up being purchased by unsuspecting consumers.
To help prevent innocent people from buying a stolen vehicle and to help recover stolen vehicles that may enter the commerce stream in the future, NICB is activated the nation’s first Unrecovered Stolen Vehicle Database as a free service to the public.
Anyone anywhere can now run a Vehicle Identification Number (VIN) through this database and determine if it has been reported stolen by one of NICB’s over 1000 member insurance companies.
To check a vehicle simply visit the NICB web site, http://www.nicb.org/, and follow the on-screen directions for the VINCheck search feature which is located on the home page.
In recent months, NICB Special Agents have identified numerous stolen vehicles that were in the process of being sold by auto dealers or restored by collectors. These examples demonstrate how even car-savvy people can be duped into unknowingly buying a stolen vehicle. If it happens to experts then the risks are even greater for ordinary consumers, the NICB release said.
Seeing a way to help mitigate that risk and to provide another free service to help protect the nation’s drivers, NICB sought and received the cooperation of its member companies to make this feature possible.
The National Insurance Crime Bureau is a non-profit organization exclusively dedicated to preventing, detecting and defeating insurance fraud and vehicle theft through information analysis, investigations, training and public awareness.
Source: National Insurance Crime Bureau
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