TxDMV VTR-331-INS - Insurance Company Statement of Fact

Form VTR-331-INS is an Insurance Company Statement of Fact issued by the Texas Department of Motor Vehicles (TxDMV). This form is used by insurance companies to provide specific information about a vehicle involved in an insurance claim or related transaction. The purpose of this form is to facilitate communication and data exchange between insurance companies and the TxDMV for purposes such as claims processing and title transfers. The parties involved in this form are the insurance company providing the statement of fact, and the TxDMV, which uses the information for various administrative and regulatory purposes.

The form consists of sections where the insurance company fills out essential details about the vehicle, the insurance claim or transaction, and other relevant information. This includes the vehicle identification number (VIN), policy details, and descriptions of the vehicle's condition or damages. Once the form is completed and submitted to the TxDMV, the information is used for processing insurance claims, updating vehicle records, and ensuring compliance with insurance and vehicle regulations. This form is crucial for streamlining insurance-related processes and maintaining accurate and up-to-date information about vehicles and their insurance status in the state of Texas.