The Arkansas Certificate of Title Bond is required by the Arkansas Commissioner of Revenues. The bond does not protect you; it protects the Commissioner of Revenue from you in case someone with the title claims that the vehicle is theirs. There is a three year term on the bond.
Who needs to have a Certificate of Title Bond?
When the title of a vehicle is damaged or cannot be produced, they generally request you to obtain a surety bond. The bond has a three year term.
What is the Bond Amount?
The bond must be in the amount of 1 1/2 times the value of the vehicle. This is determined by the Commissioner. Surety companies do not know how much your bond needs to be for. You cannot fully complete our application and we cannot write your bond until the Commissioner tells you what the bond amount is.
What else do I need to do?
A Statement of Facts for Issuance of a Bonded Title must be completed. Submit along with the bill of sale and verification of the VIN number. Use the form prescribed by the Arkansas State Police.
How do I get a Arkansas Certificate of Title Bond?
First, start the process by completing our easy to navigate, free online application form. Then, after your application has been submitted, one of our surety agents will contact you with a no-obligation quote on the bond premium. After that, once you are ready to move forward, you just need to pay the premium and sign the agreement. Lastly, your Arkansas Certificatae of Title bond will be mailed to you by USPS Priority Mail. Overnight delivery is also available for an additional fee.
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CLICK HERE for Bonded Title Regulation from the Arkansas Commissioner of Revenue