If you own a vehicle in Colorado, but you do not have any acceptable evidence that you own it, whether it is a motor vehicle or a manufactured home, you will need to get a Colorado Certificate of Title Bond, also called Lost Title Bond.
In order to obtain this bond, you will need to follow the directions set forth by the Colorado Department of Revenue. This includes getting the the motor vehicle inspected with a P.O.S.T. inspector (with form DR 2704), filing requests for a Motor Vehicle Record Search (form DR 2489A) and a CO Title Record Search (form DR 2539), and establishing a reasonable value of the vehicle using price guide books or certified appraisal methods.
The bond amount should be twice the appraised value as shown on the appraisal for a motor vehicle or twice the actual value determined by the county assessor’s records for a manufactured home. If the vehicle is valued at $1,000 for example, the bond amount required would be $2,000. The minimum bond amount accepted by the Colorado Department of Revenue is $400.
(Note: the price to obtain this bond is only a small percentage of the bond amount)
It is important you check this bond amount with your local DMV before applying for your bond. Surety companies cannot provide this information, as the bond amount will be specific to the vehicle.
Once you determine your bond amount, simply fill out our free online application and one of our licensed agents will contact you within one business day with a quote for your bond! After any necessary paperwork has been signed and the premium payment has been collected, your Colorado Certificate of Title Bond will be shipped to you via USPS priority mail (overnight shipping options available).
Surety Solutions Insurance Services, Inc. (Surety1) has been issuing surety bonds since 2003, and understands the need for quality service, hence its A+ rating from the Better Business Bureau.