Colorado Certificate of Title Bond

A Colorado Certificate of Title Bond, also known as a bonded title, is a type of surety bond required by the Colorado DMV in certain situations.  The DOR sets the bond amount at twice the appraised value of the vehicle. The cost of the surety bond is usually between 1% and 2% of the bond amount, subject to a minimum premium and fees of $150. Surety1 will shop its many markets to procure the right price at the right terms. Always check with the DMV for bond acceptance and bond amount prior to applying for the bond.

How to Get a Colorado Certificate of Title Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Colorado Certificate of Title Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

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More Information About a Colorado Bonded Title

You may need a Colorado Certificate of Title Bond when you don’t have a regular title for your vehicle and want to register it in Colorado. There are a few common scenarios where this might happen:

• Lost Title: If you simply can’t find the original title, a bonded title can serve as a replacement.
• Never Titled: In some cases, a vehicle might never have been titled before. A bonded title can establish ownership for registration purposes.
• Improper Assignment: If there are errors or missing information on the title transfer from the previous owner, you might need a bonded title to sort things out.
• No Title Received: If you bought the car privately and the seller never gave you the title, a bonded title can help you move forward with registration.

Always best to check with your local Colorado DMV office to confirm if you need a bonded title and what specific steps you need to take in your situation. They can provide the most accurate and up-to-date information.

Additional Information About the Bond Amount

The bond amount for a Colorado bonded title is ultimately determined by the Colorado Department of Motor Vehicles. However, the DMV relies on an appraisal of the vehicle’s value to set the bond amount. This appraisal can be done in a couple of ways:

• Licensed Colorado Auto Dealer: A licensed Colorado auto dealer can provide a written valuation on their dealer letterhead, signed, dated, and including their license number.
• Price Guide or Valuation Service: Industry-standard resources like Kelley Blue Book or a computerized valuation service can be used for vehicles typically under 7 years old.

Once you have a valid appraisal, the DMV sets the bond amount at twice the appraised value of the vehicle. There’s also a minimum bond amount set by the DOR, around $700, even if the appraised value is lower.

In short: While the DMV has the final say, the appraised value of your vehicle determines the specific amount of your Colorado bonded title.