What is the purpose of the Arkansas Certificate of Title Bond?
The Arkansas Commissioner of Revenues generally requests that you obtain this bond when the title of your vehicle is damaged or cannot be produced. It is required under Arkansas Code Section 27-14-409(c) as a form of protection for the Commissioner of Revenue in case someone with the title claims the vehicle is theirs.
The surety bond is an agreement between you (the principal), the obligee (the state) and the surety company. The bond seeks to protect the state or more specifically, the Commissioner of Revenues in case someone claims that the vehicle belongs to them and not you. The surety company will issue a payout which you will need to pay back in full.
How do I obtain an Arkansas Certificate of Title Bond?
Surety Solutions Insurance Services Inc was established in 2003. Although our headquarters are located in California, we are actually licensed in all 50 states. We have also partnered with several surety markets to ensure that we would only offer the best rates for all our clients. Our application processing time is also very fast, with some applications taking just a business day to get approved!
If you wish to get this surety bond from us, please fill out and submit an online application form. You will then be contacted by our licensed agents who will give a no-obligation quote for your bond. If you find the price to your satisfaction, just pay the said amount and sign all the paperwork. We will then send the surety bond through USPS Priority Mail or overnight delivery.
With an A+ rating from the Better Business Bureau, you can only expect the best service from us here at Surety1.