If you own a vehicle that has a lost or stolen title, you’ll need to purchase a Maine motor vehicle title bond as a part of the registration process. The bond amount can be used to pay reparation to individuals who claim ownership by procuring the original title. As such, this type of surety bond is an instrument used to limit the theft of vehicles due to missing ownership documents.
Car enthusiasts frequently file these bonds with the state when purchasing older vehicles that are no longer accompanied by their original certificates of title for one reason or another.
Before purchasing a vehicle title bond, applicants should verify the year, make, VIN and value of the car. Verify the required bond amount with your state’s DMV before applying for this type of bond because your surety specialist will not tell you how much bond insurance coverage you’ll need.
In Maine, motor vehicle title bonds are issued for three-year terms. The bond form is available here.
Whether you need a surety bond in Maine or any other state, you can get one quickly and easily by calling 1 (800) 308-4358 between 7 a.m. and 7 p.m. CST Monday through Friday. Or you can fill out an online contact form 24/7, and a surety expert will contact you as soon as possible.
If you apply today, you’ll get a free, no-obligation quote within one business day. Your bond will be issued once your payment has been processed. You can even choose overnight shipping and have the original bond form in your hands tomorrow!
Vehicle owners will submit their original Maine motor vehicle title bond forms to:
Maine Motor Vehicle Franchise Board
29 State House Station
Augusta, ME 04333
Contact Maine’s Bureau of Motor Vehicles with questions about titling your vehicle.