Montana Non-Resident Title Security Bond Guide
If you're a non-resident applying for a Montana vehicle title, you'll need to purchase a surety bond.
Bond Overview
- Purpose: To protect the state and the public from potential title fraud
- Who Needs It: Any non-residents of Montana applying for a vehicle title
- Regulating Body: The Montana Motor Vehicle Division
- Required Amount: $250,000
- Premium Rate: $1,250 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a Montana Non-Resident Title Security Bond?
A Montana non-resident title security bond protects the state and the public from potential title fraud. In the event of vehicle theft or title fraud, the bond serves as financial security to repay claims.
The Motor Vehicle Division requires this bond for out-of-state vehicle owners to title and register a vehicle in Montana.
How Much Do Non-Resident Title Security Bonds Cost?
Montana non-resident title security bonds cost a small percentage of the coverage amount, typically $1,250.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Montana non-resident title security bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll email you the bond shortly after purchase. Be sure to file it with the MVD as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Montana Non-Resident Title Security Bond Work?
A non-resident title security bond creates a legal contract between these three parties:
- Principal: You, the vehicle owner filing the bond
- Obligee: The Montana Motor Vehicle Division requiring the bond
- Surety: The provider issuing the bond
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your non-resident title security bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.