Idaho Certificate of Title Bond |
AmeriPro Surety Bonds | 844-589-9732
Certificate of Title – Idaho
An Idaho certificate of title bond may also be referred to as a “bonded title” or an Idaho defective title bond. The state’s Transportation Department will require you to obtain a surety bond when you are unable to present proof of ownership of a vehicle that you wish to lawfully register.
In obtaining the bond, the state in turn provides you with a “bonded title”. The “bonded title” is for a statutory period of 3 years. The premium associated with the certificate of title bond is a onetime payment.
Amount of the Surety Bond
The Idaho Department of Transportation requires a certificate of title bond to be 1 ½ times the value of the vehicle that you want to register. Our agency will be unable to determine the amount of surety bond that you require; instead, you will need to confer with the Department to provide us with the appropriate surety amount.
Qualifying and the Premium
Up to and including $50,000 surety bond amount, we provide streamlined processing for the Idaho certificate of title bond.
What this means is that there is no credit check for this bond. After payment of the premium: 1% of the bond amount required or $150, whichever amount is greater, our agency provides this bond to you immediately.
To underwriter your bond, we’ll need the following in addition to the bond amount:
- the VIN (vehicle identification number);
- the vehicle year;
- the vehicle make and model;
- if your vehicle is a motorcycle, the engine number;
- your title (i.e. owner)
For an Idaho certificate title of bond greater than $50,000
If you require a certificate of title bond greater than $50,000, in addition to the above, there is a credit check. Applicants will be required to have good credit to be approved; however, the premium is still 1% of the amount required.
Purpose of Your Surety Bond Requirement
The surety bond requirement is a financial protection for any prior owners or any subsequent owners of your surety bond in accord with IDAPA 39.02.12.
If there is no claim against your surety bond, 3 years after the bond’s issuance, the state can issue you a clear certificate of title, with no surety bond.
AmeriPro Surety Bonds provides certificate of title bonds nationwide. We also provide license and permit bonds in all 50 states.
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