The Iowa Certificate of Title Bond is required by the Iowa Department of Transportation. When the title of a vehicle is damaged or cannot be produced, they generally request that you obtain a surety bond. The bond is very easy to obtain; all we need is a filled out application, and we can get the bond approved for $100 in most cases.
The bond does not protect you; it actually protects the Department of Revenue from you, in case someone with the vehicle’s title claims that it belongs to them.
If you do not know how much your Certificate of Title 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 does. You cannot fully complete our application and we cannot write your bond until the DMV tells you how much the bond amount is.