An Arizona title bond is often needed to register a motor vehicle with a lost or defective title. In accordance with the Department of Motor Vehicle’s rules, you can only bond your title with DMV approval. You must first visit any DMV location or ‘authorized third party office’ to obtain a vehicle inspection. At the time of the inspection, the DMV or third party vendor will provide a list of the specific actions and documentation required. The Arizona title bond form is a good starting point as to what is required. The obligation states that the applicant not having demonstrated supporting evidence of ownership will be required to provide bond. The Arizona title bond must be in an amount equal to one and one-half times the value of the vehicle as determined by the inspection. The bond must indemnify and save harmless the Division of Motor Vehicles of the Arizona Highway Department and any and all persons including purchasers or those requiring lien, and their successors, against any and all claims, suits or losses on account of any defect in or undisclosed claim, lien or encumbrance of whatever nature upon the bonded vehicle. The surety bond is held for a period of three years, then exonerated and returned to the surety company if there have been no claims against it. Arizona surety leader, Surety One, Inc., offers a simple, six line title bond application and processing of your bond request within hours. We will offer terms for you bond regardless of your credit condition. Visit SuretyOne.com, call (787) 333-0222 or (800) 373-2804, or email Underwriting@SuretyOne.com for a Arizona title bond application or for information about any bond need.
