Maine Title Bond (Motor Vehicle Title Surety Bond ~ Maine)

Bond Penalty: One and one half times vehicle value as determined by Secretary of State

A Maine certificate of title bond is a discretionary mechanism that the Maine Secretary of State may approve if the chain of ownership of a a motor vehicle is uncertain or if the title document is lose. The Maine title bond application may be made only after the Secretary of State has made a determination as to ownership of the vehicle and/or the absence of security interests

Maine title bond regulations an applicant to comply with ยง659. The surety bond must comply with the following criteria:

  • Must be executed by a person authorized to conduct a surety business in the State of Maine.
  • Must me written in an amount equal to no less than one and one half times times the value of the vehicle as determined by the Secretary of State.
  • Must indemnify a prior or subsequent owner or lienholder against any expense, loss or damage, including reasonable attorney's fees, by reason of the issuance of the certificate or on account of any defect in or undisclosed security interest in the interest of the applicant to the vehicle.
  • Must be valid for a period of no less than three (3) years.

Applications and supporting documents may be submitted to any local titling office or be sent to:

Main Office of the Bureau of Motor Vehicles
29 State House Station
Augusta, ME 04333-0029

Maine surety bond leader, Surety One, Inc. is a specialist in the bonding needs of motor vehicle dealers and private parties with a missing title. We offer same-day issue of vehicle title bonds. Questions about this or another surety bond? Call us at (800) 373-2804, email us at Underwriting@SuretyOne.com or click here for live chat about a Maine title bond or other surety bond needs.

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