he California Defective Title Surety Bond is required by the Registration Division of the Department of Motor Vehicles.
The California Defective Title Surety Bond is also referred to as a:
- Lost Title Surety Bond
- Certificate of Title Surety Bond
What is the purpose of a California Defective Title Surety Bond?
It is important to have a title for your car, as this is required in order to sell or junk your car. If you recently bought a car and you do not have a title or the title has been damaged or lost, you might need to get a Bonded Title. This is essentially a title based on the value of the vehicle when the original proof of ownership has been lost or damaged an cannot be reproduced. In order to obtain a bonded title, you will need to submit the following to the DMV:
- A completed application form
- A statement of facts form
- Weight certificate
- A California Defective Title Surety Bond
This bond must have conditions that protect the Department of Motor Vehicles and any future owners of the car. These conditions protect the DMV, the applicant, and future owners from loss resulting from any defect or undisclosed claim the owner did not report.
What is the Bond Amount?
If you do not know how much your California Defective Title Surety Bond needs to be, you must call the DMV to find out. Surety companies do not know how much your bond needs to be for, only the DMV can give an accurate bond amount. Some DMV’s will require the bond amount to be equivalent to the value of the car, some require it to be twice the value, etc. You cannot fully complete our application and we cannot write your bond until the DMV tells you how much the bond amount is, so be sure to get that information to start.
For vehicles valued at $7,000 or less, we can generally issue these at a $100 premium!
Where can I get a California Defective Title Surety Bond?
Once you find out your required bond amount from the DMV, all you need to do is fill out our free online application! This will only take a few minutes to complete, then within one business day of your submission one of our licensed agents will contact you with a quote for the price to obtain your California Defective Title Surety Bond. As our quote is no-obligation, you can then decide if you would like to move forward with purchasing the bond. If you choose to move forward, we will just have you remit the premium payment then your agent will ship your new bond to you via USPS Priority Mail (with overnight shipping options also available)!
Surety1 has been writing California Defective Title Surety Bonds since 2003, so we have made the process as simple and efficient as possible. We are licensed in all 50 states, represent over a dozen “A” rated markets, and maintain an A+ rating by the Better Business Bureau for our fast and friendly service