This surety bond is required under the provisions of s.342-12(3)(b) of Wisconsin Statutes. This bond is conditioned to indemnify any prior owner and secured party and any subsequent purchaser of the vehicle or person acquiring any security interest in it, and their respective successors in interest, against any expense, loss, or damage, including reasonable attorney fees, by reason of the issuance of the certificate of title for the vehicle. The required bond amount is equal to one and one-half times the value of the vehicle as determined by the department. In most cases, the premium on this bond is as low as 1.5%.
To Get a Wisconsin Lost 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.