If you have lost or possess a defective motor vehicle title, a Texas vehicle title bond may be a mechanism available to you for clear titling. Per the Texas Department of Motor Vehicles, the bonded title applicant must be a Texas resident. The vehicle must be in his or her legal possession and cannot be an abandoned, junked, stolen vehicle or subject to any lawsuit(s). The vehicle need not be operational, it must be a complete vehicle including a frame, body and motor or if a motorcycle, a frame and motor. If the vehicle has never been titled in the States of Texas then a VIN inspection is required by an auto theft investigator who will prepare a report on a Law Enforcement Identification Number Inspection form. If the applicant has satisfied the above then the following documents and a $15.00 administrative fee must be filed with the nearest TxDMV Regional Service Center:
If the applicant's submission is approved, the TxDMV will issue a letter stating the amount of the Texas title bond which must be equal to no less than one and one half (1½) times the value of the motor vehicle. The TxDMV uses the following methods to determine vehicle value when the age of the vehicle is twenty five years or less.
Applying for and purchasing a Texas title bond is quick and simple however it is important to complete bonded title processing within thirty days of the surety bond having been issued. The applicant must deliver the preceding documents, the Texas title bond and Form 130-U to any Regional Service Center.
Texas 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 a Texas vehicle title bond? Call us at (800) 373-2804, email us at Underwriting@SuretyOne.com or click here for live chat about your surety bond need.
Surety bond application review and quoting are free of charge. There is no obligation to purchase.