Louisiana Lost Title | Lost Title Surety Bond

Also known as: lost title bond

Type of Bond

A Louisiana lost title bond is a type of surety bond that is required when a vehicle's title has been lost, stolen, or damaged and needs to be replaced. The bond serves as a financial guarantee that the owner of the vehicle has the right to obtain a new title and protects any potential rightful claimants or creditors. To obtain a lost title bond in Louisiana, the vehicle owner typically needs to work with a bonding company or an insurance provider. The bond issuer assesses the risk and sets the bond amount based on factors such as the value of the vehicle and the likelihood of a claim being made against the lost title. The purpose of the bond is to provide compensation to any legitimate parties who may have a claim to the vehicle, such as previous owners or lienholders, in case the original title resurfaces or if it is discovered that the new title was obtained fraudulently. It ensures that the rightful claimants are protected and reimbursed for any financial loss resulting from the issuance of a duplicate title or any misuse of the original title. If a claim is made on the lost title bond, the bond issuer investigates the validity of the claim and, if approved, compensates the claimant up to the bond amount. The bondholder may then be required to reimburse the issuer for the payout made on their behalf. Overall, a Louisiana lost title bond is a form of financial protection that allows vehicle owners to replace a lost or damaged title and helps safeguard the interests of legitimate claimants or creditors who may have a legal right to the vehicle. It ensures that the title replacement process is handled properly and mitigates the risk of fraud or wrongful ownership claims.


Program

The price you'll pay for your Lost 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 Lost 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 Lost 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 Lost Title Bond Application process.

Obligee Information

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

Obligee: Department Of Revenue Of The State Of South Dakota