If you do not have proof of ownership (a title) for your boat, motor vehicle, motorhome, mobile home, motorcycle or other titled property, you can provide the State of Wisconsin with a Certificate of Title Bond in order to replace your lost, stolen, damaged or defective title. You will be able to register your vehicle with this new title. The minimum bond amount required in Wisconsin is $2,500.
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Wisconsin statute 342.12 requires individuals who own vehicles with missing titles to file a surety bond to verify ownership for registration. The bond form is titled ” Wisconsin Motor Vehicle Lost Title Bond,” but most people refer to these bonds as “certificate of title bonds” or just ” title bonds” The title surety bond protects any prior owner or subsequent purchaser from expenses, losses, or damages resulting from certificate of title issuance.
Wisconsin lost title bond costs start at $100 for the state-required 5-year term. The exact cost will vary depending on the surety bond amount required by the Wisconsin Department of Transportation.
The Wisconsin 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 your Wisconsin certificate of title bond online 24/7. You must provide the following information for Department of Transportation approval.
Once your payment is received, your official title surety bond documents will be delivered to your email instantly.
By filing a Wisconsin certificate of title bond, you verify you’re the sole legal owner of your vehicle. If this is not the case and a valid claim is filed against your bond, the surety company will pay harmed individuals up to the full bond amount, which you must reimburse as the bonded vehicle owner. The following vehicle types are eligible for a bonded title.
A Wisconsin certificate of title bond is required for vehicle registration. If you plan to sell vehicles, a Wisconsin motor vehicle dealer bond is required.
The Wisconsin Department of Transportation 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. Lost title bonds are typically required for the following reasons:
The Wisconsin Department of Transportation enforces registration requirements for missing vehicle titles. If you have questions about your bonded title application, call 1(608)264-7447 or contact your local DMV Customer Service Center.
Wisconsin statute requires your bond amount to be 1.5 times your vehicle value as determined by the Department of Transportation. If you need help determining your required bond amount, contact the DOT 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 Wisconsin Department of Transportation requires your car title bond documentation to be updated for any reason, contact your surety provider.
The most common changes for these bonds are the vehicle owner’s name or specific vehicle information.
Yes, Wisconsin motor vehicle lost title bonds expire 5 years from issuance and do not renew.
To apply for a bonded title, complete the following steps:
In Wisconsin, bonded title applicants should mail the completed bond form, including the power of attorney, to the following address:
Vehicle Research Unit Wisconsin
Department of Transportation
P.O. Box 8070
Madison, WI 53708-8070
The Wisconsin 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:
Wisconsin 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 one and a half times the vehicle’s value.
To avoid claims against their bond, bonded title applicants in Wisconsin must ensure that they are the rightful owners of the motor vehicle.