A surety bond is issued to individuals to obtain a clear auto title from the Department of Motor Vehicles. The Department of Transportation requires vehicle owners to post a surety bond if they do not have sufficient proof of vehicle ownership. They are also sometimes referred to as a title bond. Call (209) 859-6021 to get a free quote today.
When you own your vehicle and are looking to obtain the title but there are challenges in the way, a surety bond can help. There are three parties involved in the bond who can help you obtain the title to your vehicle — even if the finance company closes down after you pay off your vehicle.
Quick Facts about Surety Bonds
- If you are unable to locate your original title to your vehicle, a surety bond can help replace it with a new title.
- A surety bond can also help if you need to register a vehicle that was purchased without the proper documents.