| CHARLESTON, WV — Gov. Jim Justice announced today that businesses all across America that rely on vehicle titling as a critical component of their operation can now sign up for the West Virginia Division of Motor Vehicles’ National Digital Titling Clearinghouse. The Clearinghouse is a central location for quick, efficient, and secure title transfers – and the first of its kind in the United States. “The launch of the National Digital Titling Clearinghouse represents a major leap forward for West Virginia and will bring millions of dollars into our state while providing significant time and money savings to businesses nationwide,” Gov. Justice said. “It’s not only going to help West Virginia businesses, it will allow West Virginia to benefit businesses outside our state borders in a big way.” National auto retailers, fleet operators, insurance carriers, and salvage vehicle companies from all 50 states can now visit wv.gov/dmv/ndtc to enroll and begin the Clearinghouse onboarding process. Once onboarding is complete, licensed non-resident businesses will be able to transfer existing out-of-state titles into a West Virginia title in their name. The National Digital Titling Clearinghouse will significantly reduce the amount of time it takes to turn a title around, which is a major benefit, as traditional title turnarounds often prevent auto retailers, insurance carriers, and fleets from selling a vehicle for months, impacting business productivity and carrying considerable costs. “I’m exceptionally proud of the West Virginia DMV for leading the nation with this unprecedented technology,” Commissioner of the West Virginia Division of Motor Vehicles Everett Frazier said. “This new enhancement, which allows a reduction in title turnaround times from well over a month to just a few days at most, wouldn’t be possible without the team of dedicated employees I have in place at the DMV, the innovation through our partners Champ Titles and Tyler Technologies, and the continued support from Governor Jim Justice and Secretary of Transportation Jimmy Wriston, P.E.” The West Virginia DMV has received national recognition and a regional award for its efforts in digital titling through the American Association of Motor Vehicle Administrators (AAMVA). At the foundation of West Virginia’s digital titling efforts is a comprehensive vehicle title administration solution that manages titles, registrations, liens, and dealer licensing within a completely digital ecosystem, showcasing innovation and technology. At the West Virginia DMV Headquarters, construction of the new Clearinghouse area has been completed, initial employees have been hired and trained, and with this announcement, businesses from around the country can now apply to join the Clearinghouse. For more information, please visit the National Digital Title Clearinghouse website at wv.gov/dmv/ndtc. |
