1 (844) 589-9732

Michigan Motor Vehicle Certificate of Title Bond

The Michigan motor vehicle of title bond applies to both motor vehicles and watercrafts. The bond is available from AmeriPro Surety Bonds. Please call our agency today: 844-589-9732.

Michigan Motor Vehicle Certificate of Title Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Michigan Motor Vehicle Certificate of Title Bond – What It Is and Its Purpose

 

 

 

When proof to ownership of a vehicle (or a watercraft) is not definitively ascertainable by the possession of a title, as a condition of allowing the vehicle to be registered in your name, the Michigan Secretary of State may require a surety bond.

The surety bond has one purpose: It exists to make whole — to indemnify — any prior, or subsequent owners of your vehicle, as well as the secretary of state, should a subsequent defect in the title of ownership be discovered, and which in turn causes these persons some financial harm or loss.

So, while the surety bond is required of you, its benefit is solely for the protection of others; and the surety bond therefore does not protect you at all.

You may think of this bond as a type of policy that you’re buying for the potential benefit of others, and the state of Michigan.

Michigan Motor Vehicle Certificate of Title Bond: Other Requirements

According to Section 257.217 of the Michigan state legislature, the Michigan secretary state will require the certificate of title bond when:

  • the secretary is not convinced that the vehicle has a value of $2,500 or more;
  • or the vehicle is less than 10 years old.

 

 

Amount of the Surety Bond

 

 

 

The value of the vehicle will be determined by the secretary of state, not you.

The amount of the surety bond required is twice the value of the vehicle, as determined by the Michigan secretary of state.

 

 

 

The Surety Bond: Its Price and the Bond’s Duration

 

 

 

The premium, representing the price that you will pay for this bond’s issuance, is very reasonable.

A $10,000 Michigan motor vehicle certificate of title surety bond, for instance, may have a onetime premium of just $150.00; however, the amount that you will pay will be determined by information provided on the surety bond application, and your credit score.

As noted above, the premium for the Michigan certificate of title bond is paid just one time, and the bond is active for FIVE years from the date of issuance.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency.

We provide license and permit, contractor, court, and fiduciary surety bonds throughout Michigan.

Our agency also provides surety bonds nationwide.

Please call AmeriPro Surety Bonds today at:

 

 

 

844-589-9732

 

 

 

Or, you may fill out the form below and an agent will call you…

 

Request a Callback

  • Date Format: MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Utah Guardian Bond

Utah Guardian Bond | AmeriPro Surety Bonds 844-589-9732       Guardian/Conservator Surety Bond; Amount and Purpose       A court-appointed Utah guardian is one who oversees the wellbeing of either a minor or an incapacitated adult.  As a...

Utah Replevin Bond

Utah Replevin Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose       An action of replevin, which is also known as a writ of attachment, occurs in a civil litigation proceeding.  By order of the presiding court, a...

Texas Replevin Bond

Texas Replevin Bond |AmeriPro Surety Bonds 844-589-9732       Surety Bond; Amount and Purpose       An action of replevin (also sometimes referred to as a writ of attachment, and in Texas, a sequestration bond) occurs in a civil court...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)