Rhode Island Boat Registration Bond Guide
If you need to get a certificate of title for a boat in Rhode Island, you’ll need this surety bond.
Bond Overview
- Purpose: To confirm the legal ownership of a boat
- Who Needs It: Boat owners without a valid title
- Regulating Body: The Department of Environmental Management
- Required Coverage: $1,000–$100,000
- Premium Rate: Typically $100–$200
Learn all about the bond requirements and process in this guide.
What Is a Rhode Island Boat Registration Bond?
To successfully register your boat in Rhode Island, you need a valid title to prove that you are the owner. This bond provides proof of ownership if the original title is invalid or lost.
You’ll likely need a valid certificate of title if:
- You are transferring ownership
- You are using your boat as security interest
- You need to register your boat with the Department of Environmental Management
If you try to complete one of these actions but don’t have a certificate of title, you’ll need to get this bond.
How Much Do Boat Registration Bonds Cost?
Typically, your bond amount will be equal to the value of your boat.
For bond coverage under $25,000, you’ll pay $15 for every $1,000 of coverage with a $100 minimum. Rates for bonds that are over $25,000 are based on personal credit score, usually 1–10% of the coverage amount.
Click below to buy online or apply 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 Rhode Island boat registration 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 Department of Environmental Management as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Rhode Island Boat Registration Bond Work?
A boat registration bond creates a legal contract between these three parties:
- Principal: You, the boat owner filing the bond
- Obligee: The Department of Environmental Management requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Rhode Island General Laws Title 46.
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?
This bond is not available for renewal. Once your three year term is over, the bond will be returned to you and you’ll be eligible for a standard title.
