Follow the links below to find and apply for your Missouri Surety Bond and let our expert staff get the bond you need at the lowest possible price!
Title XIX Section 301.192 of the Missouri Revised Statutes requires individuals to file a certificate of title bond when proof of vehicle ownership cannot be provided. A bonded title gives the vehicle owner the same ownership rights as a regular title. The bond must be filed within 30 days of issuance.
Missouri title surety bonds protect previous vehicle owners or lien holders as well as future owners against expenses, losses, or damages. A claim can be filed against the bond if the original title is found. The surety company would pay valid claims up to the full bond amount, which the vehicle owner would be required to reimburse.
Missouri certificate of title bond costs start at $100. The exact costs depend on the bond amount required by the Missouri Department of Revenue Motor Vehicle Bureau.
The Missouri 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 buy your Missouri title bond online 24/7. You’ll need to provide the following information for the Missouri Motor Vehicle Bureau’s approval.
You’ll receive your bond by email once your order has been processed.
Missouri requires residents to purchase a surety bond as part of the application process to obtain a bonded 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.
The Missouri Department of Revenue Motor Vehicle Bureau enforces registration requirements for vehicles with lost, stolen, or missing titles.
The Missouri Department of Revenue requires title applicants to purchase a surety bond if the applicant cannot present the department with tangible proof that they own the vehicle and are unable to contact the vehicle’s previous owner. To be eligible for a bonded title, the vehicle must:
Bonded titles will not be issued for vehicles with incomplete or conflicting ownership documentation or vehicles previously titled with the Motor Vehicle Bureau. Vehicles with liens cannot get a surety bond. If you’re planning to become a licensed motor vehicle dealer, a separate Missouri motor vehicle dealer bond is required.
Lost title bonds are typically required for the following reasons:
The bond amount must be twice the appraisal value of your vehicle and cannot be less than $100. The bond amount can be calculated by using Kelley Blue Book or by finding the average of 2 appraisals from licensed Missouri motor vehicle dealers.
Contact your local DMV if you have questions about your required bond amount before purchasing your bond.
We do not conduct a credit check for bonds that are less than $25,000. At limits over $25,000, we will review your standing to determine the qualification and rates for the bond.
If the Missouri Department of Revenue Motor Vehicle Bureau requires your surety bond documentation to be updated for any reason, contact your surety provider.
The most common changes for these bonds include the owner’s name or vehicle information.
Missouri certificate of title bonds expire at the end of a 3-year term, at which point they will be returned. Owners will receive an original car title for their vehicle at the end of the term.
To apply for a bonded title, complete the following steps:
In Missouri, bonded title applicants should submit the completed bond form, including the power of attorney, to their local license office. The Missouri 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:
Missouri requires all motor vehicle owners to purchase auto insurance with the following minimum limits:
Bonded title applicants must purchase and maintain a surety bond in an amount equal to twice the vehicle’s value.
To avoid claims against their bond, bonded title applicants in Missouri must ensure that they are the rightful owners of the motor vehicle.