b'42 NMVTIS Auto Recyclers ToolBoxEven the DMVs are joining the ELECTRONIC AGEBy Jay Svendsen process their titles, scan them in, and B ack in October of 2019, NHSTAWith the addition of thesend the documents to the DMV for grading (verifying that everything is finalized its ruling allowing forsalvage EFS process, busi- right). The DMV will grade the docu-electronic signatures on odome- ments and return new titles/certificates ter disclosures which was actually thenesses can prepare andof destruction or whatever papers are last big holdout preventing many vehicleprocess their titles, scanneeded without people having to go to a title transactions from becoming fullythem in, and send the docu- DMV office for processing. With the pro-electronic. Along with changes in timecess, errors are found electronically and frames for mileage exemptions, thements to the DMV forbusinesses can correct the errors and allowance/acceptance of electronic sig- grading (verifying thatresubmit, saving multiple trips back and natures on odometer disclosures openedforth plus time for required by the the door for processing of titles becom- everything is right). employees. The Salvage EFS system ing fully electronic. Once the NHSTA rul- was slated to be in testing in July of ing was put out, all the states scrambled2020 but time frames have been delayed to change the processes to reflect theElectronic Filing Service (EFS) some, but this service should be avail-new rules.Many states have had processes inable Fall of 2020, for Insurance compa-place for insurance carriers to electroni- nies, Auto Recyclers and Shredders. Electronic paperwork processing cally process salvage titles and someArizona, Colorado, Tennessee, Texas, Now with all the Covid restrictions,even allow auctions and businesses toand Georgia are all looking to expand the use of electronic signatures to pro- use these processes. In 2019, Floridathe electronic salvage title processing cess required title work activies, thepassed a bill allowing insurance compa- capabilities. DMVs are actively looking at as manynies, salvage auctions, auto recyclers ways to incorporate electronic process- and shredders to electronically processBetter and faster informationing of paperwork to reduce contact withtheir titles along with other activitiesWith over 15,000,000 salvage vehi-their employees, the dealers, businesslike cancellation of titles, using ancles being handled every year and many owners, and the public. Several statesexisting system used by car dealersof these being transferred multiple times had new laws in the works and manycalled the Electronic Filing Service or(from the owner to the insurance com-more are implementing changes to takeEFS. With the addition of the salvagepany, insurance company to a salvage advantage of electronic processing. EFS process, businesses can prepare andbuyer, salvage buyer to end of life or'