Texas Certificate Title Bond
AmeriPro Surety Bonds | 844-589-9732
A Texas certificate of title bond may be required by the Texas Department of Motor Vehicles in cases where a vehicle has been purchased and there is no title to the vehicle. This surety bond is alternately referred to as a Texas lost title bond or Texas defective title bond.
Qualifying and the Premium
Up to and including a $50,000 surety bond requirement, you are automatically approved for any Texas certificate of title bond. The premium, a onetime fee, is just 1% of the amount required, with a minimum of $100.
What we’ll need is the completion of an application — which we’ll take from you over the phone. The verbal application is simple enough. When you call us, we’ll ask you the following:
- Your name, exactly as it should appear on your surety bond. We’ll also ask for your contact information. Besides your address, we’ll ask for your email and phone number. If there’s another name to be added to your bond, you’ll need to tell us that as well;
- We’ll need the year of your vehicle;
- The full vehicle identification number (VIN);
- Vehicle make, model, and body style;
- Your title (i.e. owner)
After payment of the premium, your surety bond along with a Power of Attorney (POA) form are sent by mail to you. You’ll sign your bond as Principal and file it along with the POA to:
Texas Department of Transportation
1001 East Parmer Lane, Suite A
Austin, TX 78753
In the event that you require a certificate of title bond greater than $50,000, you’ll need to provide a signed application and undergo a credit inquiry. Contingent upon your good credit, the premium is still at the 1% rate.
Texas Lost Title Bond: The Purpose
The purpose of the Texas lost title bond is that it:
- Allows the Texas DMV to issue a new title. This is known as a Certificate of Bonded Title;
- And, just as importantly, should the original title ever be rediscovered at a later date and there is a dispute as to the vehicle’s ownership, compensation can be made to the other party for loss of the vehicle, should that be applicable.
A Texas Bonded Certificate of Title: Procedures
To qualify, you need to be a resident of the state of Texas (or in the military).
You will also need to complete the following:
- Fill out the appropriate Texas lost vehicle title application;
- Pay the $15.00 application fee and submit both the application and fee to the nearest DMV office;
- Wait for the letter from the Texas DMV.
The letter from the Texas DMV will tell you the amount of the surety bond required.
According to the state, the amount of bond required will be 1.5 times the value of the vehicle.
The Texas DMV, however, will determine the amount of bond required.
Purchasing a Texas DMV Lost Title Bond
Once you have the letter from the TX DMV in hand, call our surety agency office at 844-589-9732.
You may keep the original letter and fax or scan a copy of the letter to us, which tells us the amount of bond required.
From that letter, our agency will take your surety bond application.
Texas Lost Title Bond in Hand: What Next
After you have received the lost title bond from our agency, you will need to take that title along with completion of Form 130-U and any other needed forms, if applicable, to your local county office for filing.
After submitting the required forms (i.e. lost title bond) the Texas DMV will issue and mail to you a DMV Bonded Title.
About AmeriPro Surety Bonds
AmeriPro Surety Bonds is a surety bonds-only agency which will walk you through obtaining your Texas lost title bond.
We also provide lost title bonds/lost certificate bonds nationwide, as well as license and permit, court, probate, and other surety bonds. Please call our agency today:
Or, you may fill out the form below and a Surety Agent will contact you.