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How much does a title bond cost in Connecticut?
Connecticut certificate of title bond costs start at $100. The exact cost will vary depending on the surety bond amount required by the Connecticut Department of Motor Vehicles.
- Bond amounts less than $6,000 cost $100.
- Bond amounts from $6,001 to $50,000 cost $15 for every $1,000 of coverage, starting at $100.
- Bond amounts for more than $50,000 must be reviewed by an underwriter for pricing, starting at $750.
How do you get a title bond in Connecticut?
You can purchase Connecticut title bonds online 24/7. You must provide the following information for approval from the Department of Motor Vehicles.
- vehicle identification number (VIN)
- vehicle year, make, and model
Once your order has been processed, your surety bond documentation will be issued. You'll receive a digital copy of your surety bond by email, and your physical documentation will be delivered based on your preferred shipping method.
How fast can I get a certificate of title bond in Connecticut?
Our industry-leading technology and responsive customer service team allow us to deliver official Connecticut certificate of title bonds faster than any other surety provider. If you're in a rush and need your title bond as soon as possible, choose overnight shipping when submitting your order.
What is a Connecticut bonded title?
Section 14-176 of the Connecticut Circuit Court Reports requires individuals who own vehicles with missing titles to file a bond as part of the ownership registration process. By filing a Connecticut certificate of title surety bond, the principal (vehicle owner) verifies their vehicle was not acquired under fraudulent circumstances. The bond protects prior owners and lien holders, as well any subsequent purchaser of the vehicle, in the event the original title is found.
Connecticut title bonds must be filed with the DMV within 30 days of issuance.
Who regulates registration for vehicles with missing titles in Connecticut?
The Connecticut Department of Motor Vehicles enforces registration requirements for vehicles with lost, stolen, or missing titles. Before the DMV will issue a certificate of title for a vehicle with a lost or stolen title, applicants must file a surety bond with a bond amount equal to 2 times the vehicle's appraised value. Applicants must verify their required bond amount with the state before purchasing their bond.
Who needs a Connecticut title bond?
If a vehicle owner doesn't have a title, they must purchase and file a certificate of title bond to properly register their vehicle.
Bonded titles aren't available for vehicles with a lien unless the applicant gets a certificate of lien release. The title bond will then protect the previous title lienholder.
If you plan to sell vehicles to the public, you can learn more about Connecticut auto dealer bonds here.
How do I update or change my bond form?
If the Connecticut Department of Motor Vehicles requires your surety bond documentation to be updated for any reason, contact your surety provider. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change.
The most common changes for these bonds include:
- vehicle information
- owner's name
- owner's address
How do I renew my vehicle title bond in Connecticut?
Connecticut lost title bonds do not renew after their initial 5-year term. The bond will be returned at the end of 5 years (or before) if the vehicle is no longer registered in Connecticut or if the valid certificate of title is filed in its place.
How do I get a certificate of title in Connecticut?
The DMV does not require titles for vehicles 20 years old or older. Vehicles less than 20 years old must carry a title for vehicle registration.
- Contact the DMV to verify whether you qualify for a bonded title. (You might need to send a certified letter to every previous owner on record to start this process.)
- Calculate your bond amount, which must be 2 times the vehicle's appraised value. Connecticut allows vehicle owners to use Kelley Blue Book or NADA to determine vehicle value.
- Purchase the required lost title bond.
- File your Connecticut Registration and Title Application and bond.
If your application is approved, you'll receive your bonded title in the mail.
Call 1 (800) 308-4358 to talk with a Surety Expert today.