Iowa HF777 allows insurers to apply for a salvage certificate of title for damaged or stolen vehicles without surrendering the original title.

Iowa HF777 modifies the process for insurers to obtain a salvage certificate of title for motor vehicles involved in damage or theft settlements. Insurers can now apply for a salvage certificate of title without surrendering the original certificate of title or manufacturer's statement of origin. This applies if the vehicle's ownership is transferred to the insurer due to a settlement, at least 30 days have passed since the settlement's effective date, and the insurer has made at least two written attempts to obtain the original title or statement of origin without success.

Iowa HF777 allows insurers to apply for a salvage certificate of title for damaged or stolen vehicles without surrendering the original title.

Iowa HF777 modifies the process for insurers to obtain a salvage certificate of title for motor vehicles involved in damage or theft settlements. Insurers can now apply for a salvage certificate of title without surrendering the original certificate of title or manufacturer's statement of origin. This applies if the vehicle's ownership is transferred to the insurer due to a settlement, at least 30 days have passed since the settlement's effective date, and the insurer has made at least two written attempts to obtain the original title or statement of origin without success.