How much does a certificate of title bond cost in North Carolina?
The North Carolina Commissioner of Insurance requires individuals with insufficient proof of ownership of their vehicles to post 3-year surety bonds. The required bond amount must be equal to 1.5 times the appraised value of the vehicle. Applicants should verify their required amount of bond coverage prior to bonding.
Bonds in amounts less than $25,000 can be issued instantly without a credit check. In fact, bonds in amounts less than $6,000 cost just $100! Bonds in amounts greater than $25,000 are subject to underwriting. Enjoy fast and easy bonding services when you work with the experts at SuretyBonds.com!
Get bonded quickly and easily with the help of our team of experts. Call 1 (800) 308-4358 or submit a bond request to get started!
Why do I need this bond?
North Carolina certificate of title bonds are posted to satisfy the requirements set in Section 76 of Chapter 20 of the General Statutes of North Carolina. These bonds are put in place to protect any prior owner or lienholder of the vehicle and any subsequent purchaser of the vehicle in the event the issuance of a new certificate of title causes loss or damage.
With dependable service nationwide, the experts at SuretyBonds.com can help you purchase the surety bond you need quickly and easily. Get started now!
What’s the fine print?
Certificate of title bonds in North Carolina remain valid for 3 years from the date of issuance. The bond remains in full force and effect until surrendered by the state of North Carolina, Division of Motor Vehicles as provided in Section 76 of Chapter 20 of the General Statutes of North Carolina.
The vehicle’s year, make, body style and identification number must be listed on the surety bond form.
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