The New York Lost Title Bond is required by the New York Department of Motor Vehicles. When the title of a vehicle is damaged or cannot be produced, they generally request you to 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 New York Lost Title Bond does not protect you; it actually protects the Department of Motor Vehicles from you, in case someone with the vehicle’s title claims that the vehicle is actually belongs to them.
If there is a claim placed on your bond and you are found at fault, the surety company will pay out. However, you will have to pay them back.
Surety1 has access to the best surety markets available so we will be able to get you bonded quickly at the best possible price!
What is the Bond Amount?
If you do not know how much your Lost 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.