Illinois Auto Title | Auto Title Surety Bond

Also known as: auto title bond

Type of Bond

An Illinois auto title bond, also known as a lost title bond or defective title bond, is a type of surety bond required by the state of Illinois for individuals who need to obtain a title for a vehicle with a missing, lost, or defective title. This bond serves as a financial guarantee that the applicant is the legal owner of the vehicle and protects any potential future owners or lienholders from financial losses due to undisclosed ownership claims or liens. In case of undisclosed ownership claims or liens on the vehicle, a claim can be filed against the bond for financial compensation. The bond amount is typically determined by the state based on the vehicle's value, and applicants must maintain this bond for a specified period. By obtaining an Illinois auto title bond, individuals demonstrate their commitment to resolving ownership issues and ensuring the legitimacy of the vehicle's title, helping to protect the interests of all parties involved.


Program

The price you'll pay for your Auto Title Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!

We provide all types of Auto Title Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.


Application

The application process for a Auto Title Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Auto Title Bond Application process.

Obligee Information

An obligee is the entity that is requiring you to have the Auto Title bond.

Obligee: State Of Illinois Department Of Dlr Svc
Street: 501 S Second St Rm 069
State: Illinois
Zip: 62756