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North Carolina Certificate of Title Bond

The North Carolina certificate of title bond is required when ownership to a vehicle or mobile home is not clear and needs to be established. Please call AmeriPro Surety Bonds today at 844-589-9732.

North Carolina Certificate of Title Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Certificate of Title — North Carolina

 

 

 

When you have possession or claim to ownership of a vehicle (or mobile home), but are unable to prove ownership, the North Carolina DMV may require you to obtain a surety bond.

Besides the certificate of title surety bond, there are other documents outlined in detail on the North Carolina’s DMV website that you will need in addition to the bond.

The site also lists what type of situations prevent you from obtaining a lost or defective title bond.

AmeriPro Surety Bonds provides the North Carolina certificate of title bond for filing with the DMV.

 

 

North Carolina Certificate of Title Bond: Its Purpose

 

 

 

Since ownership of the vehicle is unclear and unknown through traditional documentation, for whatever reason that may be, the certificate of title bond serves as a financial guarantee that if it is later discovered that the title was wrongly issued to you, the person to whom the vehicle rightly belongs to can recover any financial losses.

Not only does the bond protect this other person or persons (either prior or future owners), but the surety bond also protects the North Carolina DMV, who will issue title to you based upon the existence of the underlying surety bond.

And so, while the bond is required of you as the principal, its benefit is solely for the protection of others.

And, as owner of the surety bond, you bear the financial responsibility to reimburse the surety for any claims paid against your surety bond were that ever the case.

 

 

 

Amount of Surety Bond Required

 

 

 

In North Carolina, the amount of the certificate of title surety bond required will be 1.5 times the value of the vehicle.

For underwriting purposes, it helps to have any written documentation from the NC DMV stating the amount of surety bond that you must purchase.

 

 

 

North Carolina Certificate of Title Bond: The Premium or Cost For this Bond; Duration

 

 

 

The certificate of title bond’s premium may be surprisingly low cost.

But, the premium will be determined by the amount of the surety bond that you are required to purchase, the acommpanying surety bond application, and your credit score.

A $10,000 North Carolina certificate of title bond may cost you as little as $150. However, bear in mind that you may be required to pay substantially more based upon your credit.

The North Carolina certificate of title surety bond premium is paid ONE TIME, and the bond is active for a period of THREE YEARS.

 

 

 

About Us

 

 

 

In addition to the North Carolina certificate of title bond, AmeriPro Surety Bonds provides license and permit, contractor, court, and fiduciary bonds throughout the state.  We are a surety bonds-only agency

We also provide surety bonds nationwide.

Please call our agency today at:

 

 

 

844-589-9732

 

 

 

Or, you may fill out our contact form and an agent will call you:

 

 

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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.

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