Florida Title Bond (Motor Vehicle Title Bond, Mobile Home Title Bond)

Communicate With UsIM or Email

Bond Penalty: Twice vehicle value

Pursuant to Florida Statutes, a lost title or defective title can be issued and lien issues cured by the filing of a Florida title bond with the Department. There are specific requirements for reissue. If an applicant for a certificate of title is unable to provide the department with a certificate of title that assigns the prior owner's interest in the motor vehicle, the department may accept a bond in the form prescribed by the department, along with an affidavit in a form prescribed by the department, which includes verification of the vehicle identification number and an application for title (319.23(7)). The surety bond must be issued on the Florida title surety bond for a motor vehicle form and issued by a surety company licensed to do business in the state. The bond amount is determined by multiplying the vehicle value times two (double the vehicle value as determined by the Department). The Florida title bond indemnifies all prior owners and lienholders and all subsequent purchasers of the vehicle or persons who acquire a security interest in the vehicle, and their successors in interest, against any expense, loss, or damage, including reasonable attorney fees, occurring because of the issuance of the certificate of title for the vehicle or for a defect in or undisclosed security interest on the right, title, or interest of the applicant to the vehicle. Concurrent with the bond filing an applicant must also complete the DMV's declaration Affidavit to Accompany Application for Bonded Title (HSMV 82026) and provide the facts and circumstances under which the applicant acquired ownership and possession of the motor vehicle.

How do you determine vehicle value? Many local tax offices can accomplish this or an applicant can request a valuation from the DMV. To obtain an accurate approximate value, Kelly's Blue Book offers a calculator for this purpose. The Florida vehicle title bond must be issued with a validity of no less than three years.

As part of the certificate of title bond underwriting process we must request some evidence that the applicant legally possesses the motor vehicle. Examples of "ownership evidence" can be a bill of sale, power of attorney, receipt, canceled check or money order, temporary registration/maker, affidavit of legal possession or endorsed copy of at title. Need a bill of sale format? See "What We Need From You" on this page for a template.

Florida surety bond leader, Surety One, Inc. is a specialist in the bonding needs of the motor vehicle industry. We offer same-day quoting and issue of vehicle title bonds. Questions about this surety bond? Call us at (800) 373-2804, email us at Underwriting@SuretyOne.com or click here for live chat about your Florida title bond need.

Surety bond application review and quoting are free of charge. There is no obligation to purchase.

Obligee's Bond Form