The North Carolina Indemnity Bond is required by the North Carolina Division of Motor Vehicles. The bond does not protect you; it actually protects the Division of Motor Vehicles from you, in case someone else with the title to the vehicle claims that it is theirs.
Who needs a North Carolina Indemnity Bond?
When the title of a vehicle is damaged or cannot be produced, the DMV will generally request that you obtain a Indemnity Bond. Complete an Affidavit of Facts and have the vehicle inspected prior to obtaining your bond.
What is the Bond Amount?
If you do not know how much your Indemnity Bond needs to be, contact 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.
North Carolina requires one and one-half the value of the vehicle as shown in the Value Schedule. Contact any license plate agency or call the NCDMV Customer Contact Center (919-715-7000).
How do I get a North Carolina Lost Title Indemnity Bond?
At Surety1 you can be assured of the lowest rates as we have partnered with over a dozen A-rated surety markets. We have friendly agents who are willing to answer all your queries and give you only the best service.
First, start the process by completing our easy to navigate, free online application form. Then, after your application has been submitted, one of our surety agents will contact you with a no-obligation quote on the bond premium. After that, once you are ready to move forward, you just need to pay the premium and sign the agreement. Lastly, your North Carolina Lost Title Indemnity bond will be mailed to you by USPS Priority Mail. Overnight delivery is also available for an additional fee.
Surety1 has been in the business since 2003. We are licensed in all 50 states. As a result, our services have earned an A+ rating from the Better Business Bureau.