Don’t overpay, apply today and get your title bond instantly. Have questions? Contact us and talk to a title bond expert today.
Colorado code 42-6-104 requires individuals who own a vehicle with a lost or stolen title to file a surety bond to verify ownership as part of the vehicle registration process. By filing this bond, individuals verify their vehicle was not stolen or acquired under fraudulent circumstances.
Colorado statute 42-6-115 requires residents who never received or have lost their vehicle title to purchase a surety bond prior to obtaining their duplicate title. The Colorado legislature enacted the bonding requirement to ensure that the rightful vehicle owner will receive compensation if the title applicant does not actually own the vehicle. The bond amount must be equal to twice the vehicle’s value.
Colorado certificate of title bond costs start at $100. The exact cost will vary depending on the surety bond amount required by the Colorado Department of Revenue.
The Colorado Lost Title Bond costs either $100 or 1.5% of the bond amount, whichever is greater (rates may vary for bonds greater than $25,000)
You can purchase a Colorado title bond online 24/7. You must provide the following information for the Division of Motor Vehicles approval.
Once your payment has been processed, you’ll receive your official surety bond by email.
Colorado requires residents to purchase a surety bond as part of the application process to obtain a duplicate title. The bond ensures that the rightful vehicle owner will not suffer a financial loss if the title applicant is seeking to obtain the title fraudulently. If the title applicant is engaging in fraud, then the rightful vehicle owner can file a claim against the bond and receive compensation up to the full amount of the bond. In short, the bond acts as a safeguard against people attempting to obtain ownership of a vehicle through unethical means.
If you’re unable to provide the required documents to prove vehicle ownership, filing a surety bond allows you to get a bonded title. The Colorado title bond protects prior owners, lien holders, and future owners from losses or damages resulting from a certificate of title issuance. If the original vehicle title is found, the surety company will pay valid claims up to the full bond amount, which the bonded vehicle owner must reimburse.
A lost title bond is required for a vehicle title to be issued. If you plan to sell vehicles, a separate Colorado motor vehicle dealer bond is required.
We do not conduct a credit check for bonds that are less than $25,000. For bonds over $25,000, we have Bad Credit bonding programs that we can get your bond approved and issued with the same fast and easy service.
Colorado Department of Revenue Division of Motor Vehicles enforces registration requirements for vehicles missing titles. Title bonds must be filed with the Colorado Division of Motor Vehicles within 30 days.
The Colorado Department of Revenue will require a title applicant to purchase a surety bond if they cannot determine with certainty that the applicant actually owns the vehicle. Typically, lost title bonds are required for the following reasons:
Colorado statute 42-6-115 dictates that the bond amount be equal to twice the vehicle’s reasonable value, which is determined by a licensed Colorado auto dealer, price guidebook, or computerized valuation service. The minimum appraisal amount accepted is $350 with a $700 minimum bond amount. If you need help determining your required bond amount, contact the Colorado Division of Motor Vehicles before purchasing your bond.
Title applicants may determine the vehicle’s value through the following means:
If the Colorado DOR requires your vehicle title bond documentation to be updated for any reason, contact your surety provider.
The most common changes for these bonds include the vehicle owner’s name or specific vehicle information.
Your lost title bond will expire 3 years from its effective date and won’t need to be renewed.
Vehicles with open liens are not eligible for bonded titles. Complete the following steps to apply for your Colorado bonded title.
In Colorado, bonded title applicants should submit the completed bond form, including the power of attorney, to their local motor vehicle office. The Colorado Lost Title Surety Bond requires signatures from both the surety company that issues the bond and the bonded title applicant. The surety company should include the following information on the bond form:
Colorado requires all motor vehicle owners to purchase auto insurance with the following limits:
Bonded title applicants must purchase and maintain a surety bond equal to twice the vehicle’s reasonable value.
To avoid claims against their bond, bonded title applicants in Colorado must ensure that they are the rightful owners of the motor vehicle.