Utah Lost Title Bond
The Utah Division of Motor Vehicles (DMV) may require a lost title bond when you apply to title a vehicle without a title or other sufficient proof of ownership. Utah calls this the Insufficient Evidence of Ownership process, and the bond is filed on Form TC-824. The bond protects anyone who later proves a valid claim to the vehicle, so the DMV can issue a title in your name.
Bond amount and your premium
A bond may be required when the vehicle's fair market value is over $3,000. The DMV reviews your application, may reassess the value you report, and notifies you if a bond is needed. The bond amount is twice the vehicle's fair market value. That is the required coverage, not the price you pay. Your premium depends on the surety's underwriting, so request a quote rather than relying on a fixed price or percentage.
How to apply
Once the DMV tells you a bond is required, start the online application with your name, the vehicle's year, make, model and VIN, and the bond amount the DMV set. WWIS will review your submission and help you with the quote, the TC-824 bond form and issuance. Approval and timing depend on the surety and a complete application.
Information needed for filing
- A completed and signed Application for Utah Title and Registration (TC-656) for each vehicle.
- An Ownership Statement (TC-569A) explaining how and from whom you got the vehicle and why no title is available.
- Photos of all sides of the vehicle, inside and out, plus any bill of sale or receipts you have.
- A VIN inspection on Form TC-661 if the vehicle has no Utah record.
- The TC-824 surety bond, if the DMV notifies you that one is required.
Seller can't find the title?
You may not need a bond. A missing title is often held by the seller's lender as collateral for a loan. If a Utah title is truly lost, the seller can apply for a duplicate title and transfer it to you. If the vehicle was last titled in another state, the seller requests the duplicate from that state. Confirm the requirements for your vehicle with the Utah DMV.
Get help with your application
Call 888-518-8011 or email [email protected] for help selecting the bond and completing your application.
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!