How much does a certificate of title bond cost in Wyoming?
The State of Wyoming requires vehicle owners with lost or stolen vehicle titles to post surety bonds in amounts equal to 2 times the appraised value of the vehicle. Vehicles appraised for less than $2,500 aren’t required to be covered by a surety bond. Applicants must check with their local DMV to make sure their vehicle is appraised for the correct amount prior to bonding.
SuretyBonds.com offers Wyoming certificate of title bonds for varying prices depending on the required bond amount. Bonds in amounts less than $25,000 are issued instantly without a credit check. In fact, bonds for amounts less than $6,000 cost just $100! The best way to find out exactly how much you’ll pay for your bond is to connect with our team of surety bond experts!
Call 1 (800) 308-4358, or submit a bond request now. You’ll be connected with a member of our team of surety experts who will walk you through each step of our fast and easy bonding process!
Why do I need this bond?
Wyoming certificate of title bonds are put in place to ensure that the current owner of the vehicle with a lost or stolen title is truly the legal owner of said vehicle. If it comes to light that the principal (current vehicle owner) is not the rightful owner of the vehicle and a valid claim is made against the bond, the surety will cover all damages up to the full bond amount.
The bond indemnifies any person who suffers any loss or damage as a result of the issuance of the certificate of title.
What’s the fine print?
Certificate of title bonds in Wyoming remain valid for 3 years from the effective date.
The year, make, model, trim, identification number and dollar value of the vehicle must be indicated on the bond form.
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