The Alabama Department of Revenue, Motor Vehicle Division requires this bond when the title of a vehicle is damaged or cannot be produced. In accordance with the Code of Alabama Section 32-8-36, the bond amount is prescribed by the department and conditioned to indemnify any prior owner and license holder and any subsequent buyer of the vehicle against any expense, loss, or damage from the issuance of the certificate of title. Typically, the premium on this bond is as low as $100 with the submission of a completed application.
To Attain an Alabama Certificate of Title Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.