A Nevada Vehicle Title Bond is a type of  surety bond required by the Nevada Department of Motor Vehicles (DMV) in certain situations when a vehicle owner cannot provide the necessary proof of ownership to obtain a certificate of title. The bond serves as a financial guarantee that the owner has a valid ownership interest in the vehicle and that they will not cause any financial harm to other parties if the title is issued.Nevada Vehicle Title Bond

How to Get a Nevada Vehicle 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 application1
  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 Nevada Vehicle 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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When is a  Vehicle Title Bond Required?

A Nevada Vehicle Title Bond is typically required in the following situations:

  • Lost or destroyed title: If the original vehicle title has been lost, destroyed, or is otherwise unavailable, the DMV may require a bond to be issued before a new title can be obtained.
  • Missing previous owner information: If the vehicle owner is unable to contact the previous owner to obtain the necessary paperwork, a bond may be required to verify ownership.
  • Salvage certificate: If the vehicle has been salvaged or rebuilt, a bond may be required to ensure that the vehicle meets all safety standards and is no longer considered totaled.

We strongly recommend contacting the DMV prior to applying for the surety bond.

What is the Bond Amount?

The amount of a Nevada Vehicle Title Bond is determined by the Nevada Department of Motor Vehicles (DMV) and is based on one-and-a-half times the value of the vehicle’s original Manufacturer’s Suggested Retail Price (MSRP). The MSRP is the price that the vehicle was originally sold for by the manufacturer. For example, if the MSRP of a vehicle is $20,000, the bond amount would be $30,000. In some cases, the DMV may require a higher bond amount if the vehicle is a salvage vehicle or if there is a lien on the vehicle. To get a more accurate estimate of the bond amount for your vehicle, you can contact the Nevada DMV.

The cost of the surety bond is usually between 1% and 3% 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.

 

 

How to Get Your Nevada Vehicle Title Bond

  1. Complete an online application. It’s free and no-obligation.
  2. One of our surety experts will contact you with a firm quote and an agreement to sign.
  3. Provide payment and your signed agreement, and then you will receive your Surety Bond!

If you have any questions, please call us at 877-654-2327.

How to Get Bonded

1. Apply Online
Using our Free & Secure Application
2. Get Your Free Quote
Applications are No-Obligation
3. Get Your Bond
Most Bonds are Approved in 1-2 Business Days

Surety Bond Experts

Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.

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