Who Requires the Certificate of Title Surety Bond and Why Is It Needed?
A Certificate of Title Surety Bond (also known as a Bonded Title, Defective Title Bond, Lost Vehicle Title Bond or DMV Bond) allows a vehicle owner to claim ownership and register the vehicle with the state when a title has been lost, stolen or is missing. This type of surety bond protects against items such as undisclosed security interests or cases where a duplicate title has been issued. The surety bond is typically required by the current owner in order to legally transfer ownership and register the vehicle. Title Bonds in Mississippi are provided for a 3 year term. The bond amount must be 1.5 times the appraised value of the vehicle as defined by the state. You will need this amount from the state in order to request bond pricing.
How Much Will My Surety Bond Cost?
Some Mississippi Certificate of Title Surety Bonds are offered completely online without a credit check or any paperwork. Surety Bonds Direct has access to the lowest bond prices available in the market for applicants with good credit and bad credit.
It only takes a couple minutes to provide us with the information required for a free, no-obligation quote. Or if you prefer, call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.
If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.
