MO HB1875

Allows insurers purchasing vehicles through claims adjustment to apply for salvage or junking certificates when unable to obtain negotiable titles from vehicle owners.

Requires insurers to make at least two written attempts to obtain the certificate of ownership or transfer documents before applying for a salvage title.

Mandates insurers notify vehicle owners and lienholders by certified mail at least 30 days before applying for a certificate of title, allowing them to protest within the notice period.

Streamlines the application process by allowing insurers or their designated salvage pools to submit applications signed under penalty of perjury, along with proof of claims payment and evidence of notification attempts.

Department of Revenue must issue a salvage or junking certificate within 30 days of receiving a complete application if no valid lienholders file a claim with the department.