what is a title bond? The bond ensures that you are the rightful owner of the vehicle, Mobile home, trailer etc. The lost title bond guarantees damages up to the bond limit for a legitimate title holder that may surface in the future with a valid claim to the vehicle.

Lost Title Bond

Lost Title Bond

What is a title bond?

The bond ensures that you are the rightful owner of the vehicle, Mobile home, trailer etc.

The lost title bond guarantees damages up to the bond limit for a legitimate title holder that may surface in the future with a valid claim to the vehicle.


How Much does the bond cost ?

For bonds under $5,000 the cost of the bond is $100. For bonds over $5,000 the rate is 1.5%


What do we need from you to get your title bond?

A simple application that includes the following information:

1.   Bond amount "This is usually provided by the state. It’s typically 1.5X the appraised value of the vehicle."

2.   Full name on your ID

3.   Current address

4.   Year, Model, Make and vin number and that’s it


When is a title bond required?

A Lost title bond or defective title bond is required, by the state for the following reasons:

1.   The original title was lost or stolen

2.   You never obtained a properly-endorsed vehicle title.

3.   Title was never given to you at the time of the purchase.


In order to qualify, you must be:

1. A State resident, for the state you are applying in State.

2. The vehicle must be in your possession and cannot be considered junked, non-repairable, or otherwise ineligible for a title. Although not required to be operational.

Documents:

1. Each state will have their own lost title application

2. Any supporting evidence of ownership (Bill of Sale, Invoice, Cancelled Check, etc.)

3. Acceptable photo ID