The State of Wisconsin requires a Wisconsin Lost Title Bond in order to get a certificate of title for vehicle owners who cannot present outstanding evidence of ownership.
What is the purpose of a Wisconsin Lost Title Bond and what can I expect to pay?
The State will not issue a certificate of title if they are not satisfied as to the ownership of the vehicle. The only time they will issue a certificate of title is if the applicant is a dealer licensed under the Wisconsin Statues 218.0101, etc., and is financially responsible, or if they have filed a bond with the department.
The bond is conditioned to indemnify any prior owner and secured party and any subsequent purchaser of the vehicle or person acquiring any security interest in it, and their respective successors in interest, against any expense, loss, or damage, including reasonable attorney fees, by reason of the issuance of the certificate of title for the vehicle. The amount of the bond varies, but it should be amount equal to one and one-half times the value of the vehicle as determined by the department.
How do I obtain a Wisconsin Lost Title Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.